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Napier South

2 Wellesley Road South, Napier South, Napier

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920sqm Floor area
2,617sqm Land area SQM

For Sale by Negotiation

A prime local investment


Located on busy Wellesley Road in Napier, this property lends itself to a mixture of industrial and commercial offices. Enjoying the benefits of being surrounded by a variety of commercial premises and the ever-changing landscape in Napier city.

The two tenancies, Beaurepaires and The Green Hub are situated on 2,617sqm (more or less) of freehold commercially zoned land. There is good upside potential for further development, and with great corner street frontage it positions any new build or current operating businesses with some exceptional profile.

Currently, producing a net income of $170,000 + GST pa, with outgoings being covered by the tenants.

Kerry Geange

Kerry Geange

Commercial, Development and Investment Sales and Leasing

Eastern Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Jodie Woodfield

Jodie Woodfield

Industrial, Commercial and Retail Sales and Leasing

Eastern Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Occupancy


Currently housing three different tenants bringing in a total net income circa of $170,000 + GST pa

Location


Located on a corner site, providing tenants with excellent profile

Opportunity


Ample opportunity to further develop

Land bank


Situated on a large 2,617sqm site

Have your questions answered

Our agents are experts on all things in the property market, if you haven't found what you're looking for, please enquire with the listing agent now to have all of your property questions answered.

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