Positioned on one of Napier’s busiest arterial routes, 64 Carlyle Street presents an outstanding opportunity to secure a high-profile commercial investment underpinned by strong tenancy covenants and long-term income. Occupying a substantial 1,750m² freehold site with approximately 830m² of well-maintained improvements and 20 onsite carparks. The property enjoys exceptional exposure to passing traffic while offering convenient dual access from both Carlyle Street and Thackeray Street. T
he property is fully leased over two tenancies returning an annual net rental of $165,999 + GST. Anchored by Repco, New Zealand’s largest automotive parts and accessories retailer with more than 90 stores nationwide, the investment provides a secure income stream supported by a nationally recognised tenant. Sinclair Pryor Motors Limited occupy the office tenancy at the rear of the building, with a new 3-year lease signed in September 2025.
Strategically positioned on the fringe of Napier’s CBD, the property benefits from excellent connectivity to the wider city. Surrounded by established automotive, trade and commercial businesses, this sought-after location continues to attract strong occupier demand, reinforcing the long-term investment appeal.
For sale by Deadline Private Treaty closing Wednesday 19th August 2026 at 2:00pm (unless sold prior).
Contact Danny Blair and Ash Hames for further information.
