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Listing Description

Listed: Sat, 13 Apr

$598,000 net rental in prime Napier location

105 Ford Road, Onekawa, Napier, Hawke's Bay

Price by negotiation

Details

  •   2638m² Floor
  •   3101m² Land
AttributeValue
Property use
Industrial
Agency reference
2802641

Description

*Prized profile on State Highway *Newly constructed modern building *Rarely available & very limited Large Format Retail zone *Option for additional front yard purchase *Invest in or occupy a trophy property

Recently completed modern office and distribution building in the prime Large Format Retail precinct within Hawke’s Bay. Prominently positioned with views across the industrial zone to Hawke Bay and Port of Napier, and visible to the 20,000+ vehicles per day on the adjoining State highway leading to Napier Hill, Ahuriri, and the CBD.

Strong lease covenant in place underpinned by a ten-year lease to international logistics and courier company Aramex, with an equally attractive and secure tenancy housing the Smith & Smith Glass call centre.

A small remaining vacancy provides upside, which the vendor may consider providing a guarantee over for suitable commercial terms.

The option also exists to purchase the adjoining 2,819sqm (gross) title joining your new building to the State Highway boundary. Certainly a long term advantage in owning both.

An ideal investment in the Bay, or the opportunity to purchase to a trophy property for your own business national or regional headquarters.


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Bayleys Napier ERL, (Licensed: REAA 2008)

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