Hero Image

Napier, 180 Dalton Street

Significant Value Add Opportunity With Holding Income

Price by Negotiation

Listing Number: NA6854
About this listing
Expressions of interest are sought for this iconic building.
Forward thinking creative developers, owner occupiers and active investors have various options and opportunities here to add value, with substantive holding income in the interim. The question is, what's the best use for this site? Office, Retail, Hospitality, Residential, Aged Care or a combination thereof? The bones of this building are solid, and ready for a transformation.

- Holding income of $720,048 + GST gross per annum
- In excess of 100% NBS as of Nov 2011
- Two separate, secure basement car parking areas with various storage options
- 3 street frontages provide substantial presence and multiple access areas
- Upper levels offer 360 deg views to the fantastic Hawke's Bay and ocean scenery

Built strong originally for government departments during the 1980's this complex stands proud, overlooking a thriving area undergoing a transformation in Napier's CBD.

Call me now to discuss your ideas, big or small.

This property has to be seen to be believed...there's a lot to take in!

Viewings are strictly by appointment only.
Property Information
  • Approx Floor Area: 8304 sqm
  • Land Size: 3913 sqm
  • Property Type: Tourism / Motel / Hotel, Office
  • Approx Floor Area
    • Office Square Metres: 8304
  • Property Features: As of November 2011 100% NBS, Unit Title Potential, Secure Parking, 360 degree views, Building Name: Dalton House, Vautier House
  • Parking
    • Covered Carparks: 77
  • Property Details: Tenanted Investment
  • Commercial information
    • Zone: Fringe Commercial
  • Tenure: Fee Simple
Property Documents
Property Documents Loading

Contact Details

Harcourts Napier

Regent Realty Ltd

Licensed REAA 2008

308 Hastings Street
Napier South
Napier
Office website

Property Location

Property Search

  • to