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Napier Central

65 Hastings Street, Napier Central, Napier

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850sqm Floor area

Prominent Corner Investment


In the heart of Napier's Art Deco Quarter stands the truly majestic Market Reserve Building. \n\nBuilt to last by craftsman builders in 1932, it has stood the test of time and is in exceptional condition throughout. \n\nComprising 756sqm of first floor modern, open plan office accommodation, this is a tenanted investment property worthy of detailed consideration. Consider the benefits.\n1) Low earthquake risk being 72% of new build standards\n2) Fully renovated and strengthened with quality fit out in 2008\n3) A grade tenant returning net income of $102,000 per annum, reviews locked in\n4) Tenant pays all outgoings \n5) Long term lease through to 2019\n\nHere's your chance to own a beautiful slice of Napier heritage. This freehold unit title property is a very sound investment and the vendors expectations are realistic. \n\nOffered for Sale by Deadline date Private Treaty, offers invited by the closing date at 5.00pm on Thursday 24th April. \n\nCall us now to arrange your viewing and to obtain a copy of the full property information memorandum.\n\n\n\n \n\n

By Negotiation
Bruce Emerson

Bruce Emerson


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

Bill Brown


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

Features

Heritage:


In Art Deco quarter

Investment:


Quality investment, good returns

Location:


In the heart of Napier's CBD

Profile:


Prominent Napier corner