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Listing Description

Listed: Wed, 26 Apr

Strong $56,100 tenanted investment

126 Kennedy Road, City Centre, Napier, Hawke's Bay

Price by negotiation

Details

  •   220m² Floor
  •   255m² Land
AttributeValue
Property use
Retail
Agency reference
2802295

Description

  • 220sqm tenancy strengthened to 67%+ NBS
  • 255sqm freehold title
  • $56,100 plus GST net lease & annual rental growth
  • Busy suburban shopping centre close to CBD

Strengthened building in a popular suburban shopping centre just a short distance from Napier’s iconic CBD and Marine Parade precinct. Tenanted by a national tenant until June 2027 with rights of renewal, with lease terms including annual rental growth.

A very attractive recently refurbished tenancy inside and out, with secure storage and staff amenities in behind, and separate entry and private carpark from the service lane behind.

An extremely sunny centre providing services and retail to the adjoining Marewa and Napier South residential suburbs and enjoying the most of Hawke’s Bay’s sunny climate. A busy and popular shopping centre you will be proud to be part of.

Our vendor is clear – “I’m Australian bound”, so your chance is now to own a piece of Napier with sound income.


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Agent's details

Enquire about the property

Bayleys Napier ERL, (Licensed: REAA 2008)

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