6 Cadbury Road, Onekawa, Napier, Hawke's Bay

For sale is a 330m² building located at 6 Cadbury Road, Onekawa, Napier. Originally constructed in 1982 and extended in 1988, this single-storey warehouse with amenities is positioned in the heart of Onekawa, Napier's thriving industrial hub. The property offers convenient access to the Port of Napier and the Napier/Hastings Expressway.   The building will be sold vacant and has the potential to be split into multiple tenancies. It comprises a 250m² workshop and an 80m² office area, which includes three offices, a kitchenette, and amenities. Notable features include 3-phase power, a 35m² canopy adjoining the office area, and a seismic rating of 70% NBS.   The property sits on a perpetual leasehold to the Napier City Council, with a current ground rental of $22,700 per annum plus GST. The lease term is 21 years, commencing from 5 April 2023. Leasehold opportunities like 6 Cadbury Road are increasingly appealing to entry-level owner-occupiers or investors, offering an affordable step up from renting or an entry point into the investment market.   For further details or to arrange a viewing, please contact Calum.

More information: https://www.colliers.co.nz/p-NZL67032598