Strengthened trophy investment in Art Deco quarter


61 Tennyson Street and 16 Cathedral Lane, Napier Central

By Negotiation

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Strengthened trophy investment in Art Deco quarter | 61 Tennyson Street and 16 Cathedral Lane, Napier Central | 2801083 |      X Close
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Strengthened trophy investment in Art Deco quarter


This iconic Napier corner has been synonymous with the law profession for well over 100 years. Home to local firm Sainsbury Logan and Williams since 1900 (with just a brief hiatus after the 1931 Earthquake) the tenancy spans multiple land titles and three adjoining structures which have undergone seismic strengthening and considerable refurbishment recently.

Consisting of a total land area of 767sqm and a total floor area of approximately 856sqm the current lease term of ten years commenced in 2017 with a current net rental of $163,000 p.a.

• Recently strengthened Art Deco landmark

• Extensively refurbished throughout sections

• Ten year lease term from 2017 by well-established law firm

• Net rental of $163,000 p.a.

• High visibility in one of Napier's busiest traffic locations

• Set over multiple titles and buildings

61 Tennyson Street and 16 Cathedral Lane, Napier Central

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