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.

By Negotiation

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 $178,550pa 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.

By Negotiation

For sale tenanted investment with options. • Freehold land area 230sqm (more or less); building 161sqm (approximately) • Two tenancies fully leased • Net rental income $22,084pa + GST • Zoned residential A rare opportunity to purchase freehold on Latham and weigh up your long term plans. Contact agent for further information.

$385,000 + GST (if any)