28-38 Edmundson Street, Onekawa, Napier

An excellent opportunity to invest in a property that is purpose built, tenanted and low maintenance that will return you a better than 6%pa net return, plus get the upside of future income and capital growth. • Excellent rental return with annual CPI rent reviews in place • Lease term until 2030 plus rights of renewal • Freehold title 1440m2 (approx) • Quality long term tenant Contact Property Brokers today to discuss this commercial investment property.

By Negotiation

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. Key Features: • Prime location opposite Clive Square Gardens • 556m2 (approx.) freehold land on Fringe Commercial zoning • 130m2 (approx.) standalone building; seismic assessment 34% • 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 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.

By Negotiation

Calling all investors and developers wanting to secure this large freehold offering of Napier industrial land and buildings. This is the first time to market for over 21 years. • Freehold land area 5278m2 on one title • Buildings 2753m2 • Zoned industrial and located close to the Napier/Hastings expressway The offering presents 23 tenanted units with a net holding income circa $224,000pa + GST, with ample opportunity for rental growth. The larger units have fully compliant internal sprinkler systems. Properties of this nature rarely become available for sale so move quickly to secure your future. This property is being sold by tender closing 12 noon Tuesday 25th June 2024. Contact us now for further details.

By Negotiation