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

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

Well tenanted, diversified investment property located in Napier's commercial fringe is a perfect investment property to give you a sound income stream now, and for the foreseeable future. The property location will lend itself in the future to be further developed, so if you have a long term investment horizon wanting future growth for your investment this property could be for you. Net income circa $178,550pa plus GST. Multiple tenancies including Beaurepaires and the Eco Hub, this property is a mix of industrial and commercial office. Tenants pay 100% outgoings. Prime Napier fringe location. Don't delay, contact agent today for full investment details.

By Negotiation