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Napier Central

150 Carlyle Street, 6 Nelson Crescent and 33-37 Wellesley Road, Napier Central, Napier

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Significant Napier CBD portfolio - buy 1, 2 or 3


An exceptional opportunity to acquire all or part of an established residential housing portfolio presented to the market for the first time.

Three purpose-built & freehold assets are offered for purchase which will suit multi-unit residential portfolio investors, and those who understand strategic property ownership for long-term value and development. Exceptionally well located on the fringe of popular Napier CBD offering a scale rarely available in this ever-popular city.

Comprising a combined total of 137 bedrooms within 72 residential units configured of one, two, and three-bedrooms across three addresses comprising some 1.5656ha (more or less) of freehold high-density residential and mixed-use zoned land.

Options for long term hold, short-term holding income, and add value development will appeal to all buyers.

Available “as-is, where-is”, do not overlook this genuinely once in a generation opportunity. Further information available upon request.

Key features


Opportunity

Three assets - buy one, two or all three to suit

Location

1.5656ha of land located in strategic Napier City locations

Floor area details

72 residential units in total, offering 137 bedrooms 

Multi-use

Invest, hold, or development opportunity

Need help with finance?

Vega

Vega is Bayleys’ preferred finance adviser for business, providing advice services across residential, business, property development, commercial lending and insurance.