Located overlooking Clive Square gardens in Napier are two lovely villas, with original features, that have been renovated fully with engineering and upgrades for the tenants Elicious Eatery and Re:Leaf Day Spa. The investment is unique as there are two buildings on two freehold unit titles so they could be purchased separately or together to control the whole 1002m2 site.
Investment details:
• Net income $115,400pa + GST with three tenancies
• Long 12 year lease term on 19 Clive Square
• Regular market reviews giving growth going forward
• Outgoings 100% paid by the tenants
• Well located in Napier's fringe CBD zone, overlooking the gardens and beside the Napier bus depot in a location that will have future development opportunity
• Fully secure property with car parking at the rear
Enquire today for full details.