66-82 Dalton Street, Napier CBD, Napier
By Negotiation
776m2
820m2
+7
+6
Masson House - Investment with upside
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.
66-82 Dalton Street, Napier CBD, Napier
Web ID
NC171651
Floor area
820m2
Land area
776m2
District rates
$34,836.09pa
Regional rates
$2,619.10pa
LV
$1,140,000
RV
$1,910,000
By Negotiation
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By Negotiation
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