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Listing Description

Listed: Wed, 28 Aug

Solid long term investment

21 Clive Square West, City Centre, Napier, Hawke's Bay

Price by negotiation

Details

  •   250m² Floor
AttributeValue
Property use
Retail
Capital value (CV)
$920,000
Agency reference
NC177861

Description

Inner city Napier investment property adjacent to Clive Square Gardens is being offered for sale by Tender.

  • Net rental income $43,500pa + GST
  • Tenant pays all outgoings
  • 250m2 two storey office accommodation with 1/2 share in 1002m2 freehold unit title land area
  • Initial lease term until 2028 with ROR until 2040 and market rent reviews
  • NBS 100%
  • Onsite car parking

Well located in the Fringe Commercial Zone with long term development potential. For further information contact the agents today.


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Agent's details

Enquire about the property

Property Brokers Napier, (Licensed: REAA 2008)

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