Commercial
More from realestate.co.nz:
Agents News

Substantial multi-tenanted asset: 6.6% net return

68-86 Ford Road, Onekawa

Investment Opportunities
dollar

$5,250,000 Plus GST (if any)

Floor area
3138m2
Land area
8473m2
Title type
Freehold
On this page:

Map

Property details

Listing # 2803339 | Listed on 28 April

An outstanding opportunity to acquire a fully tenanted industrial investment in one of Napier’s most sought-after industrial precincts. 68–86 Ford Road offers scale, security, and strong income, returning $347,051 + GST net per annum from 25 quality tenants.

Set on a substantial 8,473sqm freehold landholding, this property presents a compelling proposition for investors seeking a high-performing asset in a tightly held industrial, trade retail and large format retail location.

The asset has benefited from diligent management, strong tenant relationships, and a commitment to upkeep which is reflected in its longstanding occupants and historically low vacancy levels.

This established large‑format retail destination is home to leading national brands including Kmart, Mitre 10, Anytime Fitness, and the recently opened Chemist Warehouse along with proposed future development large format retail. The precinct offers long‑term security and strong tenant synergy, making it one of the region’s most resilient and sought‑after commercial locations.

Your notes
Add notes for your personal reference. This can only be seen by you.
Contact the agent
Name  (required)
Email  (required)
Phone  (required)
I'd like to enquire about:
Your message

By continuing, you agree to our terms of use and privacy policy.

A young family with pets illustration