95A Ford Road, Onekawa, Napier
By Negotiation
666m2
668m2
+5
+4
Split income investment modern - freehold asset
Built in 2016, this quality freehold property presents a rare opportunity to secure a diversified income stream from three established tenancies - two commercial and one residential. The combination of strong lease covenants and modern construction offers investors both security and long-term growth potential. • Total income: approx. $151,886 + GST pa • Anchor tenant: leased to 2030 with rights of renewal • Tenure: Freehold title, 666m2 (approx.) • Building area: 667.8m2 (approx.) Offering consistent returns, this is an exceptional opportunity to acquire a low-maintenance, mixed-use property with reliable tenants and attractive cash flow. Contact Property Brokers today for full details and financials.
95A Ford Road, Onekawa, Napier
Web ID
NC215279
Floor area
668m2
Land area
666m2
By Negotiation
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Key features: • Excellent tenancies returning approximately $210,249 pa net return + GST • Easily managed • 70% NBS (Detailed Seismic Assessment) • Recently reroofed and exterior repaint • Prime location adjacent to new Art Deco Centre and Inter City bus terminal • Good exposure with three frontages • High traffic flow • The Owner has committed to covering the small vacant offices until leased, giving you security of income stream This two story commercial property presents as a great diversified investment opportunity to add to your portfolio or those new to the market wanting to secure a top of the range investment at a very good return. Priced to sell, $2,300,000 plus GST (if any). For further information please contact sole agents.
$2,300,000 + GST (if any)
Located in the prime harbour location of Ahuriri, this investment will pay its way and be a perfect start for your Commercial portfolio. • 5 year initial lease term, with Rights of renewal until 2038 • Tenant lease circa $68,000pa Net plus GST • All operating expenses such as rates, insurance, ground rental and body corporate paid by the tenant • Two under-cover car parks • Located in Shed 5 on level 1 of the Commercial office complex. • This is a quality investment opportunity Enquire today for full details
By Negotiation
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 (approx.) with a total floor area of 819sqm (approx.) being - ground floor 505.2sqm (approx.) and first floor 314.4sqm (approx.). 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
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