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Trophy Commercial Investment

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

 
 
33 - 37 Napier Road Carousel 1
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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).

Features: 

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

*Boundary lines are indicative only.


Highlights

33 - 37 Napier Road Feature Image 1

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

Broker

Hawke's Bay Commercial

Licensed under the REA 2008


Location


Sales Process

DEADLINE PRIVATE TREATY 2ND DEC 2021 4PM (UNLESS SOLD PRIOR)


Enquire Today