Skip to site navigation Skip to main content
main content

Listing Description

Listed: Fri, 9 Feb

Triple treat

428 Main North Road, Bay View, Napier, Hawke's Bay

To be sold by deadline sale (by 8 Mar)


  •   320m² Floor
  •   1980m² Land
Property use
Agency reference


  • Three income streams - two commercial and one residential
  • Waitomo Fuel provide 60% of rent on long-term lease
  • Profile site on busy State Highway 2
  • Modern high specification pump and tank infrastructure This property is located in a strategic position just north of Napier in proximity to Hawke's Bay Airport and the State highway 2 turn-off to Taupo. It is ideally placed to take advantage of the significant government-funded roading recovery programme, mainly focused north of Napier. Principal tenant Waitomo Fuel has a 25-year lease term (including renewals) and favorable CPI and market rent reviews. In addition there is an industrial workshop and four-bedroom dwelling which have potential rental upside. The property can be purchased purely as an investment or could provide a home and income. All the pump and fuel infrastructure has been installed by the tenant at significant expense and a large portion of the land has been improved with concrete hard stand.


Determine your property's value with an appraisal


Agent's details

Enquire about the property

Determine your property's value with an appraisal

Bayleys Havelock North, (Licensed: REAA 2008)

Share this listing

New Welcome to the new-look Trade Me
Learn more