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DEVELOPMENT SITE WITH HOLDING INCOME!

- Floor area: 680sqm
- Land area: 5,169sqm
- Two National Tenants
- Two titles
- Rental income of $134,494.65
- High profile on arterial route

This high profile property offers holding income with future development prospects. Located between Napier's main trade retail strip on Carlyle St to the rapid developing Prebensen Drive, which is now home to the newly developed Euro City. Two strong national tenants provides secuirty with a steady rental income of $134,494.65 Net, further validation the demand for this location. enquire today for further details.

By Negotiation

Legal Description

Fee Simple
Lot: 2 and 3 DP: 1925 and Sub Sec 711
CT: HBL2/864 and HBL2/12
Being more particularly described in the attached Certificate of Title. Free of all charges

Land Area

5,169 m²

Floor Area

680 m²

Year Built

1960-69

Jack Elliott

Commercial Sales


Mobile: 021 876 765
            06 877 7052

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