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Bayleys Napier ERL, (Licensed: REAA 2008)

182 Emerson Street South, Napier South

Price by negotiation

Listing Description

Listed: Wed, 12 Apr

Iconic retail investment

182 Emerson Street South, Napier South, Napier, Hawke's Bay

Price by negotiation

Details

  •   296m² Floor
AttributeValue
Property use
Office
Agency reference
2802279

Description

  • 296sqm (approximately) fully modernised retail store
  • Redeveloped in 2013 - seismic 100% NBS
  • Heritage 1 property "Burtons Buildings"
  • Prime location on Emerson Street
  • Fixed rental growth - 4% annually

This prime retail investment offers a rare opportunity to acquire an art deco, fully modernised, heritage-listed property with seismic 100% NBS.

This is the complete package, a trophy art deco heritage building, with all the hard work done this is a hands-off passive investment with fixed annual rental growth.

Leased to the global retail giant, EB Games, established at the site since 2015. The property is ideally located on Emerson Street, Napier’s premier retail area and provides a regular-shaped retail shop with rear storage and a first-floor office.

Don’t delay your enquiry, call now to view or for further information.

See the link to view the PropertyFiles - https://www.propertyfiles.co.nz/property/733130004


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Bayleys Napier ERL, (Licensed: REAA 2008)

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