50 Meeanee Quay, Westshore, Napier
By Negotiation
1,722m2
660m2
+23
+22
Freehold accommodation - desirable Napier location
For sale - large 1724m2 (approx.) freehold land, in two titles, overlooking the Ahuriri estuary, walkways/cycleways and walking distance to the swimming beach of Westshore, Napier. Comprising: 9 studio units, 2 one bedroom units and 4 two bedroom units plus the manager's apartment which is a larger two bedroom unit with rear courtyard and separate driveway access. • Zoning: Suburban Commercial Accommodation • RV $2,970,000 (1/10/23) • 16 living units • Sought after Westshore location The property could be a future development site for apartments to make the most of the coastal location in Westshore, or operate as a Motel, short term rent by room or other accommodation business. Contact agent today for full details.
50 Meeanee Quay, Westshore, Napier
Web ID
NC216570
Floor area
660m2
Land area
1,722m2
District rates
$16,331.18pa
Regional rates
$1,575.13pa
LV
$1,090,000
RV
$2,970,000
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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 $180,000pa 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.
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