Listed: Wed, 21 May

Buy All Three Or Take Your Pick.

3/93 Nelson Crescent, Napier South, Napier, Hawke's Bay

To be sold by tender (closes on 11 Jun)

2 Beds
1 Bath
1 Living area

Other Features

1 Separate toilet
1 Garage parking

Attribute	Value
Property type	Unit
Capital value (CV)	$390,000
Parking	1 garage spaces
Agency reference	TL22299
Broadband in the area	Fibre, Wireless

Three tidy flats, all tenanted and ready to go - an ideal opportunity for savvy investors looking to grow their portfolio. Buy one, a couple, or secure all three as a complete package. Built in the 1970s and refurbished in recent years, these flats offer low-maintenance, easy-care living with updates already taken care of. Showing a good net rental return, each flat features

Modern kitchens with cooktops and under-bench ovens
Light, neutral interiors to appeal to a wide range of tenants
Heat pumps for year-round comfort
Healthy Homes compliant, well insulated when renovated
Two of the three have internal-access garages

Centrally located and just minutes from the CBD and Napier's iconic Marine Parade - ensuring strong tenant appeal and excellent rental potential. Leasehold with a reasonable annual lease through to 2034, offering affordability in a prime location. A smart move for investors seeking solid returns in a popular city-fringe location.

Tender closes 3:00pm Wednesday 11 June 2025 at Harcourts, 207 Gloucester Street, Taradale (no prior sale).