Marewa
106 Kennedy Road, Marewa, Napier
+17
Health sector anchored investment
• Freehold, multi-tenanted investment
• Net income of $101,400 + GST per annum
• Prime corner location in busy suburban shopping precinct
• Strengthened to 80% NBS (2014)
Positioned in the heart of the popular Marewa Shopping Centre, this corner profile property presents a compelling opportunity to secure a freehold, multi-tenanted commercial investment underpinned by resilient occupiers and diversified income streams.
Anchored by Marewa Pharmacy, a long-standing and trusted pharmacy providing essential community services, alongside Achievement NZ, an established adult education provider, the property currently generates a net income of $101,400 + GST per annum. A small vacancy offers additional income potential.
A very busy suburban shopping on an arterial road with low vacancy, this attractive investment adjoins a newly refurbished medical centre ensuring long term tenant sustainability.
This smart portfolio addition isn't something to look over. Contact us for more information or to arrange a private viewing.
Ground Floor, 180 Dalton Street, Napier
Apr
4pm
Kerry Geange
Eastern Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Charlie Geange
Eastern Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Features
Location
Prime corner location in Marewa Shopping Centre near newly refurbished medical centre
Passing income
Net passing income of $101,400 plus GST and outgoings with growth potential
Anchor tenants
Health sector and adult education tenants offering secure income
Seismic (NBS rating)
Seismic strengthening completed to 80% NBS in 2014
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