6.7% yield plus value add


82-84 Niven Street, Onekawa

Offers/Enquiries Over NZD $1,650,000 + GST (if any)

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6.7% yield plus value add | 82-84 Niven Street, Onekawa | 2801500 |      X Close
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Description

6.7% yield plus value add


•Prime corner site with dual access on two freehold titles

•Seismic 70% NBS

•Main industrial zoning

•Multiple tenancies - total net income $110,600 + GST

Prime Industrial corner site with holding income and opportunity to add future value. Warehouse building with two-level office and amenities annex and additional 1,012sqm bare land. A regular-shaped corner site, with dual frontage onto a no-exit road within Napier's tightly held premium industrial area.

The site connects onto Taradale Road and the State Highway 2 expressway linking Napier port and airport and providing easy access to the CBD. Astute investors and developers will recognise the future add-value opportunity of this site.

Vendor is committed to sell, make your enquiry today.

For Sale offers from $1,650,000 + GST

Mark Evans

Napier

Licensed under the REA Act 2008

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82-84 Niven Street, Onekawa

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Mark Evans

Napier

Licensed under the REA Act 2008

View profile