'Z Truck Stop' Bay View

428 Main Road North, Napier

Investment For Sale

For Sale    Tenanted Investment
Land Area: 1,980.00 m2.    Floor Area: 320.00 m2.    

Description

Positioned on the main road, State Highway 2 leading into Napier, this prime location with all the exposure you could want is now offered for sale.


Solid lease in place paying $63,496.80 net till 30 September 2021, leased to Z Energy Limited with a further ROR of five years.  Has attached accommodation which is currently sublet by Z Energy Limited. Great sea views.
This huge 1,980sqm corner site with dual access offers scope for future redevelopment.  

Z Energy Limited are responsible for the full clean up of site at termination.

Features

  • Land area:1980m²
  • Hands off passive investment
  • Great exposure
  • Additional residential premises currently sublet by Z

Occupants

Occupant Term Net Annual Income
Z Fuel 4 years from June 2015; ROR 1 x 4 years $63,496.80

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