Sold Property

259 Marine Parade, Napier South, Hawkes Bay 4110

  • 306

$525,000

" Investment Opportunity"

* 310m2 over two levels
* 306m2 prime Marine Parade land

Backpackers located on Napier's iconic Marine Parade. Prime Location, sea views and across the road from a busy free family fun zone currently being redeveloped by the council. Committed tenant makes this an ideal investment opportunity.

Call me now for more details. Property ID: #NA5737

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Sold Date

  • 14 February, 2017

Property features

  • Property Type: Tourism / Motel / Hotel
  • Property Details: Tenanted Investment
  • Tenure: Fee Simple
  • Tenancy 1: Area Sqm: 310, Commencement Date: 01 November 2012, Expiry Date: 31 October 2028, Rental net/gross p.a.: 39, 744.00net + GST, Review Dates: 01/11/2016, Rights of Renewal: 2019, 2022, 2025, 2028, Tenant Name: The Art House Backpackers

Office

Harcourts Napier

Licensed under REAA 2008

Repayment Calculator

Est. bond $1920
  • 306

Sold Property

259 Marine Parade, Napier South, Hawkes Bay 4110

$525,000

" Investment Opportunity"

* 310m2 over two levels
* 306m2 prime Marine Parade land

Backpackers located on Napier's iconic Marine Parade. Prime Location, sea views and across the road from a busy free family fun zone currently being redeveloped by the council. Committed tenant makes this an ideal investment opportunity.

Call me now for more details. Property ID: #NA5737

Property Features

  • Property Type: Tourism / Motel / Hotel
  • Property Details: Tenanted Investment
  • Tenure: Fee Simple
  • Tenancy 1: Area Sqm: 310, Commencement Date: 01 November 2012, Expiry Date: 31 October 2028, Rental net/gross p.a.: 39, 744.00net + GST, Review Dates: 01/11/2016, Rights of Renewal: 2019, 2022, 2025, 2028, Tenant Name: The Art House Backpackers

Sold Date

  • 14 February, 2017
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Harcourts Napier

Office Harcourts Napier Licensed under REAA 2008

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Need to sell before you Buy?

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