23 Clive Square, Napier Cbd, Napier

By Negotiation
556m2
Land Area
130m2
Floor Area

+14

+13

Prime development opportunity with holding income

Positioned directly opposite the picturesque Clive Square Gardens in the heart of Napier, this standalone commercial property offers an exceptional opportunity for investors, developers, and land bankers alike. Occupying a generous 556m2 (approx) freehold site and zoned Fringe Commercial, the property supports a wide range of future development possibilities - including residential, commercial, mixed-use, or short-stay accommodation such as Airbnb. Whether you're looking to develop now or hold for future potential, this property is primed to deliver. The existing single-storey, 130m2 (approx) weatherboard building is currently leased as a doctor's surgery, providing a secure holding income of $47,840 net per annum + GST until December 2025. The site also features generous rear car parking and has an Initial Seismic Assessment (ISA) of 34% NBS. Key Features: • Prime location opposite Clive Square Gardens • 556m2 (approx) freehold land on Fringe Commercial zoning • 130m2 (approx) standalone building with holding income • Net income $47,840 + GST pa until December 2025 • Potential for residential, commercial, or Airbnb development • Rear on-site car parking • Land bank with future upside in a central Napier location This is a rare chance to secure a centrally located site with income in place and a wide scope of future development potential. Properties like this, with such a versatile zoning and a prominent outlook, are seldom available. Enquire today to explore the future of 23 Clive Square.

23 Clive Square, Napier Cbd, Napier

Web ID

NC204265

Floor area

130m2

Land area

556m2

District rates

$12,751.21pa

Regional rates

$731.71pa

LV

$810,000

RV

$880,000

By Negotiation

View by appointment

Contact


Les Kennedy

Les Kennedy

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NC204265
Susan Davis

Susan Davis

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About the location


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