241-243 Gloucester Street Napier, Taradale, Napier, Hawke's Bay

 Two well-located retail shops in the centre of Taradale’s busy commercial precinct are now available for purchase, either together or individually.

• 241 Gloucester Street is currently leased to Cranford Hospice on a month-to-month basis, returning $28,000 net + GST per annum.
• 243 Gloucester Street (approx. 130.7m²) is offered with vacant possession, presenting an ideal opportunity for owner-occupiers or investors seeking to add value.

  243 Gloucester features full-height glass frontage, a standout feature for retailers, while both shops offer rear access, storage areas, and enjoy excellent natural light. The buildings have been seismically assessed at 70% NBS (ISA May 2025).    Held under Stratum in Freehold titles with a combined floor area of 261.4m², the properties share a communal rear bathroom block (maintained by the collective owners), while each owner manages their own insurance and outgoings.

  Positioned in the heart of Taradale’s established and tightly held retail precinct, where vacancy is consistently low, this is a rare opportunity to secure a quality commercial asset with flexibility for occupation or investment.

  Contact Ash for further details or to arrange an inspection.

Features:

• Holding income $28,000 net + GST
• 70% NBS seismic rating
• 261.4m² floor area
• 8 onsite carparks

More information: https://www.colliers.co.nz/p-NZL67034769