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Trophy Commercial Investment

3,066 sqm freehold title | Returning $360,171 pa net + GST | Central Havelock North location

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The Opportunity

Colliers have been exclusively appointed to present 33-35 & 37 Napier Road, a trophy investment within Havelock North’s tightly held commercial precinct. For sale by Deadline Private Treaty closing 4:00pm, Thursday 2 December 2021 (unless sold prior).


  • Returning $360,171 pa net + GST
  • Essential services tenants
  • Fully leased
  • Good onsite car parking
  • Central Havelock North location

*Boundary lines are indicative only.


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Returns $360,171 plus GST net per annum

The fully occupied building returns $360,171 plus GST net per annum, comprises seven tenancies including essential service medical tenant Te Mata Peak Practice who have just signed a new 10 year lease, with a further right of renewal of 10 years.  Sitting adjacent to the health centre is a 3 bedroom residential dwelling offering the astute investor further development potential.

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Premium offering has been built to a high standard

Constructed in 2000, using concrete frames and shear walls, and reinforced concrete foundations, this premium offering has been built to a high standard. Situated 500 metres from the village centre of Havelock North, the property enjoys huge profile and ample onsite car parking.  There is an IEP available at 75%. 

The Agents

Danny Blair Image

Danny Blair


Hawke's Bay Commercial

Licensed under the REA 2008


Sales Process


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