Main St Development with Income

190, Emerson Street, Central Hawkes Bay

Price On Application

Proposed Usage
Industrial
Floor Area
790.00 m²
Land Area
506.00 m²
Description:
Property ID
1vkw4j3



A 506sqm land holding in the core of Napier’s CBD, this property is very unique – running the full width of the block between Emerson and Tennyson St, with two retail frontages.Supre provide a passive income from their Emerson St retail on a good lease. Tennyson St provides approx. 200sqm of commercial development space for lease, with the potential to expand this tenancy onto the first floor too. Ideal users for the Tennyson premises would be boutique retailers, a gallery, café or bar. The first floor above Emerson St has plans for apartment conversions, made easier by the provisions in Supre’s lease to allow a separate access-way. Added plusses include a potential for penthouse suite with balcony, and a Tennyson St car-park. This property has major potential to impress.

 

 

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Central Hawkes Bay Area