1/90 Austin Street, Onekawa, Napier, Hawke's Bay

Situated on Napier's premier industrial strip between Taradale Road and Prebensen Drive, this 121m² office unit presents a compelling entry-level investment opportunity.   Recently leased to long-term tenant Red Circle Management Group Ltd with rights of renewal, the leasehold property delivers a strong net return of $19,458 + GST. Investors will appreciate the strategic location, excellent visibility, and easy access, all supported by a well-maintained building and two dedicated car parks.   Constructed in 1990, the property offers a functional, well-laid-out interior. The ground floor comprises 71.6m² of office space, including a kitchenette, amenities, a separate office, and an open-plan workspace. The first floor (approx. 49.4m²) is currently configured as a boardroom.   With solid fundamentals and all the work done, this is a smart and affordable commercial investment in sought-after Onekawa.   Contact Ash for further information.

Features:

• Net return $19,458 + GST
• Floor Area 121m²
• New 2 year lease
• High profile location

More information: https://www.colliers.co.nz/p-NZL67032847