107 Ford Road, Onekawa, Napier

Deadline Sale

2,819m2

Land Area

536m2

Floor Area

+7

+6

Large format retail investment with development

Positioned on a prominent 2,819sqm (more or less) site fronting Prebensen Drive, 107 Ford Road, Onekawa presents a compelling investment opportunity combining secure holding income with future development potential. The property comprises a 535sqm (approximately) two-storey commercial building and is leased to Kennards Hire on a five-year lease with annual CPI rent reviews and two rights of renewal, providing long-term income security. Property Highlights •2,819sqm (more or less) freehold site •535sqm (approximately) two-storey building •High-profile frontage to Prebensen Drive •Five-year lease to Kennards Hire •Annual CPI rent reviews •Two rights of renewal •Large Format Retail zoning •Excellent future development and value-add potential (subject to council requirements) •Strong holding income with long-term upside Secure a well-located commercial investment underpinned by a quality national tenant while benefiting from the long-term potential of this highly visible Large Format Retail site. Contact Property Brokers Commercial today to learn more.

107 Ford Road, Onekawa, Napier

Web ID

NC232057

Floor area

536m2

Land area

2,819m2

District rates

$23,282.18pa

Regional rates

$2,187.70pa

LV

$1,550,000

RV

$2,800,000

Deadline Sale (unless sold prior)
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Nigel Edge

Nigel Edge

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NC232057

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NC232057

Positioned on a prominent 2,819sqm (more or less) site fronting Prebensen Drive, 107 Ford Road, Onekawa presents a compelling investment opportunity combining secure holding income with future development potential. The property comprises a 535sqm (approximately) two-storey commercial building and is leased to Kennards Hire on a five-year lease with annual CPI rent reviews and two rights of renewal, providing long-term income security. Property Highlights •2,819sqm (more or less) freehold site •535sqm (approximately) two-storey building •High-profile frontage to Prebensen Drive •Five-year lease to Kennards Hire •Annual CPI rent reviews •Two rights of renewal •Large Format Retail zoning •Excellent future development and value-add potential (subject to council requirements) •Strong holding income with long-term upside Secure a well-located commercial investment underpinned by a quality national tenant while benefiting from the long-term potential of this highly visible Large Format Retail site. Contact Property Brokers Commercial today to learn more.

Deadline Sale

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