126 Kennedy Road, Napier Strong $57,222 tenanted investment

Available PropertyFiles:

  • HBG1_1180_Title_126 Kennedy Road.pdf
  • Information Memorandum_126 Kennedy Road.pdf (public)
  • LIM Report 126 Kennedy Road.pdf
  • Lease_126 Kennedy Road.pdf
  • /Napier City Council Property Files /
    • 1950-08-07 - Building Permit.pdf
    • 1964-02-28 - Building Permit.pdf
    • 1969-04-21 - Building Permit.pdf
    • 1998-2015 - General Planning Information.pdf
    • BC200812 - Entire Consent to 12 April 2023.pdf
    • Building Cover.pdf
    • Drainage Plan.pdf
    • Planning Cover.pdf

Property Description

• 220sqm tenancy strengthened to 67%+ NBS
• 255sqm freehold title
• $57,222 plus GST net lease & annual rental growth
• Busy suburban shopping centre close to CBD

Strengthened building in a popular suburban shopping centre just a short distance from Napier's iconic CBD and Marine Parade precinct. Tenanted by a national tenant until June 2027 with rights of renewal, with lease terms including annual rental growth.

A very attractive recently refurbished tenancy inside and out, with secure storage and staff amenities in behind, and separate entry and private carpark from the service lane behind.

An extremely sunny centre providing services and retail to the adjoining Marewa and Napier South residential suburbs and enjoying the most of Hawke's Bay's sunny climate. A busy and popular shopping centre you will be proud to be part of.

Our vendor is clear - “I'm Australian bound”, so your chance is now to own a piece of Napier with sound income.

Please fill in the form below and we'll email you a link to download the PropertyFiles, instantly.


Terms of Supply

This information has been supplied by the vendor or the vendor’s agents to Bayleys. Accordingly, Bayleys, Eastern Realty Limited and Kerry Geange are merely passing over the information as supplied to us. We cannot guarantee its accuracy and reliability as we have not checked, audited or reviewed the information and all intending purchasers are advised to conduct their own due diligence investigation into the same.

All parties are strongly encouraged to take their own advice in respect of passed over information, including confirming it is complete and fit for purpose.

To the maximum extent permitted by law Bayleys, Eastern Realty Limited and Kerry Geange do not accept any responsibility to any person for the accuracy of the information herein.

Contact Kerry Geange

Eastern Realty Limited

Licensed under the REA Act 2008

0275432643   kerry.geange@bayleys.co.nz   All Listings

After growing up in the Wairarapa, schooling in Greytown and being awarded an Honour's Degree in Planning had a career of almost 20-years of experience as a consultant planner in NZ and the UK. Multi-million dollar private and public projects as an expert, negotiation, programme management, and sitting on high profile project boards, including for the Mayor of London on the world leading Central London Congestion Charging Scheme were among his highlights.

This impressive and successful background has shifted well into commercial real estate, with Kerry central in successful sales of over $150m in property in 2021. Kerry has built a reputation of professionalism, honest real estate, and working in the interest of clients.


Contact Jodie Woodfield

Eastern Realty Limited

Licensed REAA 2008

021 422 332   jodie.woodfield@bayleys.co.nz   All Listings

With 5 years of real estate administration under her belt in both the residential and commercial sector, Jodie now joins Kerry Geange in a Sales Associate role. With an exceptional eye for detail and an understanding of commercial real estate rivalling most agents, Jodie provides value to every campaign.