Multi-tenanted in modern office complex

1/36, Munroe Street, Napier South, Napier

Tender

Proposed Usage
Office
Floor Area
1529.00 m²
Land Area
1152.00 m²
Description:
Property ID
1bznp63

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.

Tenders Close:
4pm, Thursday 2nd November 2017
Daily Telegraph Building, 49 Tennyson Street, Napier.


Enquire about this property

Napier South Area