Located in the Awatoto Napier industrial area and comprising of a large open warehouse with dual access from both busy Waitangi Road and Briasco Street.
• 3261m2 (approx.) freehold land area on two titles
• 2129m2 (approx.) warehousing with recently refurbished offices and staff facilities
• Open yard area with access from Briasco Street
• Net annual income $92.000pa plus GST, tenant pays outgoings plus GST
• Existing lease from 2015 with two yearly reviews to market and renewals to 31st March 2031
This large fully leased freehold industrial property presents as a great investment opportunity, with potential opportunity to increase income with additional letting.
For further information please contact agents.