90 Niven 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

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

•For sale - freehold tenanted investment • New to market • Land area 1012m2 • Building area 548m2 • Two new tenancies returning $55,000pa net +GST • This is a very tidy long term investment • Act now to secure • Contact sole agent

$1,100,000