• $51,600.91 net income
• 6 Carparks
• High Profile Location
OK, here's an opportunity that with a bit of vision and hard work, could reap some great rewards!
Located on the corner of the busy Marewa Shopping Centre, you will find 144 Kennedy Road.
The vendors are currently in the process of subdividing the property (from 144e Kennedy Road) and this will be done by settlement.
Two well established tenants currently occupy the building with Marewa Bargain Mart who have been in the same spot for over twenty years on a month to month lease and Beauty and the Barber, who are well supported by locals. There is also 48m2 of vacant space.
Kennedy Road is one of the main routes into the Napier CBD, and has a very large traffic count, the options here are endless.
Keep the holding income and develop in time, add value by leasing the vacant space or occupy some of the building for your own needs.
For further information , contact Shannon Caldwell today .
