• Central Napier location adjoining major retail outlets
• Established tenants with extensive trading history onsite
• Building recently upgraded to provide excellent seismic rating
The tenants in this property have recently signed long-term leases within a comprehensively upgraded building, the two national tenants have been occupants of the site since the early 2000's. Pristine net leases provide an investor with secure income well into the future, the net rental is $222,000 per annum plus GST, with all outgoings are paid for by tenants.
The property is in close proximity to the main retail precinct in Napier of Emerson Street where all the major retail national operators are situated. In addition, the property comprises a well located commercial site enjoying good frontage and profile to a large public car park and also back onto Clive Square East allowing vehicle access for a loading area at the rear of the building.
(Boundary lines are indicative only)