Property Description

A prominent and light-filled investment with plenty of upside. The ground floor houses 3 of the 9 tenancies – the TAB, hair salon and a pilates studio. The first floor is configured for office use with tenancies ranging from 55m² to 136m² and includes an accounting firm, insurance loss adjusters, software developer and the Salvation Army. This very tidy investment opportunity deserves your serious consideration.

Features:

  • Easily managed with long-standing tenants
  • Triple street exposure
  • Net Rental $172,500k approx.
  • Land 641m²
  • Building 1280m²
  • 70% NBS
  • New Roof

Price by negotiation

Due Diligence Information

Enter the Dataroom

Split Risk - 6.25%+ Return

3 Clive Square West, Napier

1,280 m²
Basic Details
Listing ID : 1539
Listing Type : For Sale
Land Area : 641 m²
Floor Area : 1,280 m²
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