51 Thackeray Street South, Napier South, Napier

Passive entry-level investment

• New six-year lease from settlement date
• Superb location in Napier, Hawke's Bay
• 80% of the new building standards (NBS)
• $50,000 net rent per annum

Rarely do you find an investment of this size with a strong tenant covenant, high NBS rating and located in a prime position for the tenant.

The building is 200sqm (approximately) and sits on a 342sqm (more or less) freehold parcel of land. The interior of the building was totally refurbished in 2015 to suit the tenants' requirements including open plan areas and private office spaces used as treatment rooms and there are four staff car parks at the rear of the building.

With five clinics in the Hawke's Bay, Cape Physio has a deep connection to the Bay since humble beginnings in 2001. They are proud to be chosen as the physios for the Hawke's Bay Magpies.

Demand will be high so call for an Information Memorandum today. Viewing strictly by appointment only.