Build Your Investment Here!

  • By Neg
88 Austin Street, Onekawa, Napier, New Zealand
For Sale By Negotiation
Build Your Investment Here!
88 Austin Street, Onekawa, Napier, New Zealand
  • By Neg

Description

You will not be disappointed when you view these substantial industrial buildings with quality tenants from both the construction and automotive industry.

86 Austin Street built in 1976 with floor of 903sqm approx. houses. NAPA Auto Parts a division of GPC Asia Pacific the largest automotive aftermarket parts supplier in Australia and New Zealand. Genuine Parts Company (GPC) established in 1928 is a world-leading US corporation with a market capitalisation of more than US$15B. The floor area is predominately warehouse with a small retail showroom.

86a Austin Street constructed 1996 has a floor area of 540sqm approx. The tenant G.J. Gardiner Homes Hawkes Bay opened their doors in May 2006 and have not looked back. The quality fit out and fully glazed road frontage certainly makes this building stand out. Roller door access to the rear for ease of access and exclusive parking make this high profile site a gem.

88 Austin Street built in 1996 is leased to Tudor Contractors Limited a local owned construction company. The property has a floor area of 250sqm approx. a high stud warehouse/ workshop with dual roller door access,an office and small showroom to the roadside.

RM Civil lease the sealed yard to the rear of 86 Austin Street Built in rent reviews every two years provides for rental growth while this leasehold property further benefits from the ground rent being reviewed every 7 year, next review due September 2024.

  • Land 4,682sqm
  • Floor 1,693sqm
  • Industrial multi tenanted
  • Sealed yard
  • Profile +
  • Ease of access
  • Rental growth
  • NBS 70% or greater
  • Nett income $168,811.00 approx.

For further details and an IM, please contact

Iain Bradley 021 281 4007 or Angelo Broadhurst 021 757 335

Please be aware that this information has been sourced from external sources and/or third parties.

  • Address 88 Austin Street, Onekawa, Napier, New Zealand

Details

  • Price: By Neg
  • Property Size: 1693 m²
  • Land Area: 4682 m²
  • Year Built: 1976
  • Property Type: Industrial
  • Property Status: For Sale

Similar Listings

Compare listings

Compare
Iain Bradley
  • Iain Bradley