Platinum Partner
Listing Description
Listed: Wed, 5 Nov
Tenanted industrial investment
91 Niven Street, Onekawa, Napier, Hawke's Bay
Details
| Attribute | Value |
|---|---|
| Property use | Industrial |
| Agency reference | 2803082 |
Description
- Tenanted investment
- Freehold 1,683sqm (more or less) Onekawa site with 698sqm (approximately) of industrial warehouse
- Strong tenant with new three-year (June 2025) lease
- Net rental income $112,000 + GST + outgoings
Bayleys is pleased to present to market an investment opportunity in Napier’s tightly held Onekawa industrial precinct. 91 Niven Street is home to NTD Plastics, an established company designing, tooling and manufacturing injection moulded plastic products for national and international companies. An established company which has recently celebrated 50 years in business with the majority of that time on this site.
The property offers 1,683sqm (more or less) of land and a building footprint of approximately 698sqm; comprising warehouse and manufacturing along with a separate porta-com office unit. Returning a passing net income of $112,000 + GST, a new three-year lease in June 2025 and two further rights of renewal this property represents strong value with a solid tenant in popular Onekawa Napier.
Register your interest today.