Listing #:2031691660

Prime Taradale Retail

Location: 264 Gloucester Street, Taradale, Napier, Hawke's Bay
Property use: Retail
Floor area: 194-194m2
Land area: 0m2
Price: Price by negotiatio­n
Located in the middle of Gloucester St, Taradale, 194sqm of prime retail is for sale with short-term income before being vacated in September 2019. Under-rented and currently returning $36,600 net per annum, this property has an assessed market rental of $42,000 - $48,000 net per annum.

Owner-occupiers – extract some holding income whilst you plan around a September move in date to make the most of the summer retail trade period.

Investors – bank a few months rental income whilst sourcing a new tenant and extracting some upside on your investment.

Wedged between Big Barrel Liquor and NZCU Bank, this is a popular location supported by well known local brands.

NB – listing also available for lease.

 

*Tenant has started their “make good” process and much of the interior fit out will be removed prior to sale 

 

Deadline Private Treaty closes 4pm, Wed 22nd May 2019 (unless sold prior)

 
Features:
* 194sqm floor area
* Short term holding income
* Main street location
* Owner occupy or invest for upside

Agency reference #: 212531
Show on map
  • directions_car
  • directions_bus
  • directions_run
  • directions_bike
Depart at:
Duration:
Distance:
 
While we've done our best to correctly map this location, it may not be exact.
While we've done our best to correctly map schools in this location, school zone information may not be exact,
so please double check with the school. Read our Maps in Property help page for further information.
Price by negotiation
264 Gloucester Street, Taradale, Napier, Hawke's Bay
Price by negotiation
Listed: Fri 19 Apr, 9:17 pm
Dan Walker
Colliers International Hawkes Bay, (Licensed: REAA 2008)
  • Contact details
  •  (06) 8340599
  •  (027) 5452034

Advertisement

Agent's details

Dan Walker
  •  (06) 8340599
  •  (027) 5452034
Colliers International Hawkes Bay, (Licensed: REAA 2008)
(06) 8340599
Log in or register to email the agent.
Expires: Fri 19 Jul, 4:01 pm
Page Views
0283