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).
*Boundary lines are indicative only.
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.
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%.
DEADLINE PRIVATE TREATY 2ND DEC 2021 4PM (UNLESS SOLD PRIOR)