Add to Watchlist
Please register your interest on this listing, on the 'Documents Tab' tab.

Property Ref: 50960

Freehold Investment Opportunity In Napier For Sale

Property Type: Commercial Real Estate

Sale Type: Freehold Investment

Region: Hawkes Bay

Physical Address: Marewa, Napier

Price: Land and Building Only $1,100,000plus GST (If any)

Broker: Kamal Sharma

Mobile: +64 22 0515 782


Here is an opportunity to secure ownership of the Single Level Commercial Asset of Suburban  Land and Building with good, strong tenants in Napier.

Key Features

  • 266 Square meters more or less
  • Strong tenant profile
  • Tenant trading as Marewa Four Square and Lotto
  • Net Returns close to 5%
  • High Visibility property
  • Council car park in front of the shops



Term -5 Years

Rights of Renewal- 5 Rights of Renewal of 2 years each

Final Expiry- 2036

Rent Reviews-Every 2 years

Please note that the Building is to be strengthened to 67% or greater NBS.

There is minor work required and the Vendor has indicated that this will be completed to meet the requirement before the settlement.



Tenant Profile

The tenant has been operating the Marewa Four square and Lotto for the last eleven years. There is also a  small passive income generated from the Sublease of  ATM to ANZ Bank.



The property is situated within the commercial shopping area of Marewa, which fronts Kennedy Road and is bounded by Douglas Maclean Avenue and Nuffield Avenue.

This is approximately 1.5 Kilometres from Napier City Centre.

This is one of the more popular suburban shopping destinations.


Don’t miss out on a chance to acquire a freehold Investment property. This is a rare investment opportunity that offers great road frontage and excellent exposure.

Investors looking to secure this exceptional bottom drawer commercial investment, look no further. For more information register here or to arrange your viewing, please contact  Business Broker, Kamal Sharma, on 022 0515 782 or email

Confidential Documents

Full Listing Information for this Tourism Business will be disclosed to registered, approved Potential Purchasers.

Become a Registered User:

To gain access and download full confidential individual files on businesses for sale on this website, you must first be a registered user, and have ticked the box that you agree to the strict terms and conditions of the confidentiality agreement, provided by
This is a simple two-minute process, which you can complete by selecting ‘Register’ at the top right hand of your device now.

If you are already registered with us:

You can request full access to this listing’s confidential files by:

  1. Logging in with your existing user name (your email used to register) and your password, then by
  2. Locating the listing you are interested in viewing Listing Files, then
  3. Navigating to the ‘Documents‘ tab, of the listing you are interested in, and
  4. Selecting ‘Request Access‘ to the confidential information here within.

We will quickly respond confirming your approval.
When you are emailed your ‘access approval’ notification, you need to be logged in to our website, in order to view and/or download the confidential files, which are located in your ‘Document Library‘.
If you are already logged in now:
Simply register your interest here, by navigating to the ‘Documents‘ tab, and selecting ‘Request Access‘ to the confidential information here within, and Adrian will come back to you by email with your access notification.


Title Report

Deed of Lease

Property Details

Property Type

Commercial Real Estate

Sale Type

Freehold Investment


Hawkes Bay

Physical Address

Marewa, Napier


Land and Building Only $1,100,000plus GST (If any)

Contact Agents


Kamal Sharma

Tourism, Hospitality & Leisure Business Broker
Whole of the North Island
International: +64 22 0515 782
NZ Mobile: 022 0515 782



Sign up for tourism real estate news