Strengthen your portfolio with this multi-tenanted office investment at 3 Clive Square, Napier.
Anchored by the New Zealand Racing Board / TAB, the property provides multiple rental income streams, spreading tenancy risk across a mix of occupiers.
Returning $209,000 net per annum plus GST and offered at an asking price of $2,300,000, this investment delivers an attractive net yield of approximately 9% at the asking price.
With a central Napier location, an established anchor tenant and diversified rental income, this is an opportunity for investors seeking a strong income return.
• New Zealand Racing Board / TAB anchor tenant
• Multiple tenancies spreading rental risk
• Rental income of circa $209,000 net per annum plus GST
• Asking price of $2,300,000
• Approximately 9.1% net yield at the asking price
Contact us today for further information or to arrange an inspection.