'Bank' a great return


198 Marine Parade, Wairoa

By Negotiation

Download Email
'Bank' a great return | 198 Marine Parade, Wairoa | 2800871 |      X Close
Image
Description

'Bank' a great return


Regional New Zealand has seen strong growth in the property market and Wairoa has been no exception. Here is the commercial investment opportunity you have been waiting for - a blue chip tenant without the big city price tag.

Set on a corner, Marine Parade site with a bank tenant paying the rent this property ticks all the boxes:

- Refurbished, single level building with excellent tenant

- Corner site on Marine Parade: 518m² (more or less)

- Seismic assessment of 82% New Build Standard (NBS)

- Current net income approximately $27,500 p.a.

- Nine onsite car parks

- Current lease term until February 2020 with right of renewals

Our motivated seller is keen to consider your offer! Enquire now for further information.

Sam MacDonald

Napier

Licensed under the REA Act 2008

Mobile: +64 21 950 320
Office: +64 6 834 2290
sam.macdonald@bayleys.co.nz
View profile

198 Marine Parade, Wairoa

Open in map

Sam MacDonald

Napier

Licensed under the REA Act 2008

Mobile: +64 21 950 320
Office: +64 6 834 2290
sam.macdonald@bayleys.co.nz
View profile