Unlock the potential of this strategically positioned commercial asset in the heart of Havelock North Village, Hawke’s Bay. Offering a compelling blend of secure income and future upside, 3 Napier Road presents a rare opportunity for investors and developers alike.
The property is underpinned by a strong and diverse tenant mix, including Harcourts, KILT, and Unphogettable - well-established businesses contributing to a stable and reliable income stream. With on-site parking and excellent accessibility, the asset continues to appeal to quality tenants in a tightly held commercial market.
Beyond the existing returns, there is clear potential to add value through future development or repositioning, making this an attractive long-term hold with strategic upside.
Astute buyers will recognise how rarely opportunities arise in Havelock North that combine immediate income with development potential.
- Fully tenanted
- $108,400 net + GST pa
- Floor area: 344sqm
- Land area: 545sqm
- For Sale by Tender (will not be sold prior)
- Tenders close: Thursday 9 July at 4:00pm
For further information or to arrange a viewing, contact the exclusive listing agent, Matt Webb from Bayleys Commercial
