Listing #:1622217086

A True Blue-Chip Investment

Location: 61 Tennyson Street, City Centre, Napier, Hawke's Bay
Property use: Office
Floor area: 850m2
Land area: 767m2
Price: Price by negotiatio­n
New 10 year lease
$163,000 net rental
Strengthened Building

Sainsbury Logan and Williams have been long term tenants at 61 Tennyson St, Napier. They've recently upsized their operation, expanding into the Munster Chambers (same title) and Waiapu (separate title) buildings.

A new 10 year lease has been set, personally guaranteed by the directors of the firm.

The buildings sit prominently on a high profile CBD corner. They have undergone strengthening work in recent times, whilst retaining the heritage Art Deco features which make this building an icon within Napier's CBD.

If you're searching for a high quality passive investment, this opportunity ticks all the boxes; established tenant, profile corner site, strengthened buildings, and a long-term lease

Agency reference #: 195781
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Price by negotiation
61 Tennyson Street, City Centre, Napier, Hawke's Bay
Price by negotiation
Listed: Fri 4 May, 5:05 pm
Dan Walker
Colliers International Hawkes Bay, (Licensed: REAA 2008)
  • Contact details
  •  (06) 8340599
  •  (027) 5452034

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Agent's details

Dan Walker
  •  (06) 8340599
  •  (027) 5452034
Colliers International Hawkes Bay, (Licensed: REAA 2008)
(06) 8340599
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Expires: Mon 24 Dec, 9:45 am
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