251 Gloucester Street, Taradale, Napier

Dual facing in Taradale Village

Last sold in 2002 this commercial investment opportunity is located in the heart of Taradales main shopping precinct. Enjoying dual street frontage the property ticks all the boxes being fully tenanted with a solid seismic rating and plenty of long term rental growth potential. Ideal for consideration as a first commercial investment or strengthen your existing portfolio.

• Fully tenanted with dual street frontage
• 79% NBS
• Net income of approximately $41,300
• Central Taradale Village location
• Land area 224sqm (more or less)
• Floor area 210sqm (approximately)
• Seismic Rating 79% NBS
• Zoning Suburban Commercial
• Capital Value (September 2017) $650,000