A True Blue-Chip Investment
61, Tennyson Street, City Centre, Napier
Price On Application
- Proposed Usage
- Floor Area
- 850.00 m²
- Land Area
- 767.00 m²
- Property ID
Enquire about this property
Sainsbury Logan and Williams have been long term tenants at 61 Tennyson St, Napier. They’ve recently upsized their operation, expanding into the Munster Chambers (same title) and Waiapu (separate title) buildings.
A new 10 year lease has been set, personally guaranteed by the directors of the firm.
The buildings sit prominently on a high profile CBD corner. They have undergone strengthening work in recent times, whilst retaining the heritage Art Deco features which make this building an icon within Napier’s CBD.
If you’re searching for a high quality passive investment, this opportunity ticks all the boxes; established tenant, profile corner site, strengthened buildings, and a long-term lease