Napier Central
126 Kennedy Road, Napier Central, Napier
For Sale by Negotiation
Strong $56,100 tenanted investment
• 220sqm tenancy strengthened to 67%+ NBS
• 255sqm freehold title
• $56,100 plus GST net lease & annual rental growth
• Busy suburban shopping centre close to CBD
Strengthened building in a popular suburban shopping centre just a short distance from Napier's iconic CBD and Marine Parade precinct. Tenanted by a national tenant until June 2027 with rights of renewal, with lease terms including annual rental growth.
A very attractive recently refurbished tenancy inside and out, with secure storage and staff amenities in behind, and separate entry and private carpark from the service lane behind.
An extremely sunny centre providing services and retail to the adjoining Marewa and Napier South residential suburbs and enjoying the most of Hawke's Bay's sunny climate. A busy and popular shopping centre you will be proud to be part of.
Our vendor is clear - “I'm Australian bound”, so your chance is now to own a piece of Napier with sound income.
Kerry Geange
Eastern Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Jodie Woodfield
Eastern Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Features
Lease term
New five year lease term from June 2022
Location
Perfectly located in busy suburban centre
Growth
Built-in annual rental growth
Seismic (NBS rating)
Seismic strengthening and high quality fit out complete
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