Modern Landmark Investment

36, Munroe Street, City Centre, Napier

Price On Application

Proposed Usage
Office
Floor Area
3688.00 m²
Land Area
1152.00 m²
Description:
Property ID
1btpyf6

Invest in the ongoing success story of the Hawke's Bay region with these office units situated in an iconic modern building. Home to Price Waterhouse Coopers and a host of other national and local businesses the property sits on a prominent, fringe CBD corner and is located directly opposite one of Napier's busiest supermarkets.
- Four of five unit titles comprising 97.48% of the building's total unit entitlement offered for sale - approximate net passing income of $453,837 p/a with a current occupancy rate of 93.7%
- Attractive five level commercial building located on prominent corner site
- Weighted average lease term approximately 3.2 years
- Approximate land area 1,152sqm
- Approximate total rentable floor area 3,688sqm
- Seismic Rating 89% NBS
- 33 on-site carparks (30 covered)

23 tenancies spread over four unit titles with a total approximate net passing income of $453,837 p/a.
Full tenancy details available upon request.

Deadline Sale (unless sold prior) 4pm, Thurs 3 Aug 2017.
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City Centre Area