Located on the busy Taradale Road and Carnegie Road intersection this property sits at the
gateway to the Onekawa Industrial Area. With well established tenants, the property is of
modern construction, has ample onsite car parking and has excellent access around the
building. If higher cash flows and yields are a priority for your next commercial investment this property demands your attention.
Current Approximate net return $202,800 plus GST, increasing to $208,890 plus GST from January 2018.
Favourable ground lease terms with Napier City Council. There is an option to purchase the fee simple in the current Napier City Council ground lease contract.
- High profile corner site
- Modern building, excellent NBS%
- Ample car parking
- Well established, nationwide tenants
- Total floor area approximately 1,700 sqm
- Total land area 4,019 sqm (more or less)
Further details available upon request.
For Sale by Negotiation.