Multi-tenanted in modern office complex
1/36, Munroe Street, Napier South, Napier
- Proposed Usage
- Floor Area
- 1529.00 m²
- Land Area
- 1152.00 m²
- Property ID
This large unit title offering spans over the ground and first floors of the PWC Centre - an iconic Napier office complex.
Multi-tenanted properties are a great way to spread your income risk, this diverse occupancy schedule incorporates 12 tenancies which include Fuji Xerox, Internal Affairs and Traffic Design Group. Although the current occupancy rate is high the 125sqm first floor vacancy also represents opportunity to add further value.
-Net rentable area 1,529sqm comprising 43.23% of the buildings total unit entitlement
-12 tenancies with an approximate net passing income of $161,929 p.a
-Attractive five level commercial building located on a prominent corner site
-Seismic Rating 89% NBS
-Onsite car parking
Units 2, 4 and 5 also offered for sale in complex, purchase one unit or a combination.
Our highly motivated client has given clear instructions - bring all offers for consideration.
Further details upon request.
4pm, Thursday 2nd November 2017
Daily Telegraph Building, 49 Tennyson Street, Napier.