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Napier South

191-193 Dickens Street, Napier South, Napier

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1,054sqm Land area SQM
997sqm Floor area

For Sale by Negotiation

Prime Napier retail investment


• Central Napier location adjoining major retail outlets
• Established tenants with extensive trading history onsite
• Building recently upgraded to provide excellent seismic rating

The tenants in this property have recently signed long-term leases within a comprehensively upgraded building, the two national tenants have been occupants of the site since the early 2000's. Pristine net leases provide an investor with secure income well into the future, the net rental is $222,000 per annum plus GST, with all outgoings are paid for by tenants.

The property is in close proximity to the main retail precinct in Napier of Emerson Street where all the major retail national operators are situated. In addition, the property comprises a well located commercial site enjoying good frontage and profile to a large public car park and also back onto Clive Square East allowing vehicle access for a loading area at the rear of the building.

(Boundary lines are indicative only)

Rollo Vavasour

Rollo Vavasour

Commercial, Industrial and Retail Sales

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

Mark Evans

Commercial and Industrial Sales and Leasing

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

Features

Location


Central Napier location adjoining major retail outlets.

Occupancy


Established tenants with extensive trading history onsite.

Seismic (NBS rating)


Building recently upgraded to provide excellent seismic rating.

Floor area


996.7sqm (approximately)

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