82 Thames Street, Pandora, Napier

16 Storage Units in Hawke's Bay

PLEASE NOTE CHANGE OF LOCATION AND TIME OF AUCTION:
Now at 5PM, Friday 9th July, 17 Napier Road, Havelock North

• Near established industrial, commercial and residential areas
• Good sized storage units with high occupancy rates
• Ideal first investment, or add to your portfolio

An increasingly rare opportunity to acquire 16 individually titled units within a secure storage complex of 35 units on perpetually renewable leasehold land within the Pandora industrial zone.

Ideally located close to Napier's main industrial and residential areas, these storage units enjoy strong occupancy rates and very limited vacancy periods between tenants. Simple structure, minimal R&M, this really is an ideal investment to start or add to your investment portfolio.

Units are approx. 35sqm each, with one larger corner unit of approx. 82sqm providing options and flexibility.

Accessible storage units in Napier remain in high demand, and provide a secure investment option.

Lettable floor area: 613.5sqm
Annual rent (estimated): $67,148 +GST
Estimated net income: approx. $44,590 + GST