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National Tenant on long term lease

147 Carlyle Street, Napier South

Office Building
dollar

Negotiation

Floor area
433m2
Land area
1324m2
Covered park
19
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Map

Property details

Listing # NA24322 | Listed on 16 April 2024

This investment will tick a number of boxes for the savvy investor. Modern building national tenant located on a main arterial route and long term lease.

Leased to Tiny Voices Early Learning Centre on a 12 year lease (commenced 1st August 2021) - this investment returns an impressive $180,000 net per year plus GST with fixed annual increases of 1.5%.

Purpose built for the tenant, the building has a ground floor area of 343.45m2 and a second floor area of 89.83m2

There is a play area at the rear of the building which is accessed through large sliding doors.

Plenty of carparks for drop off/pick ups and superbly located on the way into town.

Call Shannon Caldwell today for further details.

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