Colliers is proud to present to the market for sale 7 Tiki Place in Palmerston North.
This is an exciting opportunity to secure a well located high performing industrial asset with a strong tenant covenant at an attractive price point.
The property is leased to FPC NZ Limited, a leading filtration and pumping solutions provider with multiple sites nationwide. With renewals, the lease runs through until 31 August 2031, being the end of lease.
The site features a 460sqm warehouse divided into two separate spaces allowing for future flexibility.
Located near a major city arterial route ensures excellent accessibility for logistics and operations, enhancing appeal for both current and future occupiers.
The property is available For Sale by Auction Tuesday 24 February 2026 at 12 noon, BNZ Partners Centre, 203 Broadway Avenue, Palmerston North (unless sold prior).
All enquiries and arrangements to undertake inspections to be directed to the sole agents.
(Note: All measurements and specifications are approximate. Boundary lines indicative only).
Features:
* Net rental $60,521.73 per annum (plus GST)
* Freehold site
* Building area 460sqm
* Land area 712sqm
* Industrial zoning
