Tenanted industrial investment

• Tenanted investment
• Freehold 1,683sqm (more or less) Onekawa site with 698sqm (approximately) of

• Strong tenant with new three-year (June 2025) lease
• Net rental income $112,000 + GST + outgoings

Bayleys is pleased to present to market an investment opportunity in Napier’s
tightly held Onekawa industrial precinct.
91 Niven Street is home to NTD Plastics, an established company designing, tooling
and manufacturing injection moulded plastic products for national and international
companies. An established company which has recently celebrated 50 years in
business with the majority of that time on this site.

The property offers 1,683sqm (more or less) of land and a building footprint of
approximately 698sqm; comprising warehouse and manufacturing along with a
separate porta-com office unit.
Returning a passing net income of $112,000 + GST, a new three-year lease in June
2025 and two further rights of renewal this property represents strong value with a
solid tenant in popular Onekawa Napier.

Register your interest today.