This multi-tenanted Napier CBD investment property is for sale for the first time to market in over 30 years. Land area covering a generous 776sqm with a total floor area of 819swm being - ground floor 505.2sqm and first floor 314.4sqm. There are nine retail and office tenancies over the two floors, with tenant onsite parking at the buildings rear. The NBS rating is 67 -80 % and a detailed seismic assessment report has been completed. The property is zoned Art Deco Quarter and identified as a Group 1 Heritage Item. This outstanding property multi-tenanted property will appeal to purchasers seeking a low risk, long term Investment. The current rentals are below market rent and this allows the opportunity for a new owner to reap the benefit of increased income in the future. Move now to secure this rare Napier CBD investment opportunity. Being sold by negotiation. Please contact the sole agent for further information.

By Negotiation

• Multi tenanted leasehold investment property • Prime industrial location in the heart of Onekawa • Land 1012m2, building,460m2 • Three established tenancies with rental growth opportunities • Shared driveway which can also accommodate 12 carparks • Ground rental $8000pa + GST; Term 21 years from 5 August 2007 Leasehold opportunities such as 17 Niven Street offer both entry level and established investors the opportunity to own an affordable low risk investment so make the move now by contacting the sole agent.

$295,000 + GST (if any)

Located overlooking Clive Square gardens in Napier are two lovely villas, with original features, that have been renovated fully with engineering and upgrades for the tenants Elicious Eatery and Re:Leaf Day Spa. The investment is unique as there are two buildings on two freehold unit titles so they could be purchased separately or together to control the whole 1002m2 site. Investment details: • Net income $115,400pa + GST with two tenancies • Outgoings 100% paid by the tenants • Well located in Napier's fringe CBD zone, overlooking the gardens and beside the Napier bus depot in a location that will have future development opportunity • Fully secure property with car parking at the rear Enquire today for full details.

By Negotiation