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• Three income streams - two commercial and one residential
• Waitomo Fuel provide 60% of rent on long-term lease
• Profile site on busy State Highway 2
• Modern high specification pump and tank infrastructure
This property is located in a strategic position just north of Napier in proximity to Hawke's Bay Airport and the State highway 2 turn-off to Taupo. It is ideally placed to take advantage of the significant government-funded roading recovery programme, mainly focused north of Napier.
Principal tenant Waitomo Fuel has a 25-year lease term (including renewals) and favorable CPI and market rent reviews.
In addition there is an industrial workshop and four-bedroom dwelling which have potential rental upside. The property can be purchased purely as an investment or could provide a home and income.
All the pump and fuel infrastructure has been installed by the tenant at significant expense and a large portion of the land has been improved with concrete hard stand.
Address ng Kalye | Distansya | Bilang ng Kwarto | Bilang ng Banyo | Sukat ng Gusali | Oras ng Pagkabenta | Presyo ng Pagkabenta | Pinagmulan ng Data | |
|---|---|---|---|---|---|---|---|---|
 | 6.32 km | 3 | 1 | -m2 | 2024 taon 06 buwan 17 araw | $960,000 | Council approved | |
 | 6.56 km | 3 | 2 | -m2 | 2024 taon 06 buwan 14 araw | $1,000,100 | Council approved | |
 | 6.01 km | 2 | 2 | -m2 | 2024 taon 05 buwan 03 araw | $1,050,000 | Council approved | |
 | 6.28 km | 2 | 1 | -m2 | 2024 taon 02 buwan 05 araw | $825,000 | Council approved | |
 | 3.97 km | 3 | 2 | 298m2 | 2024 taon 01 buwan 24 araw | $3,000,000 | Council approved |