100% Leased - WALT 3 years

337 Heretaunga Street West, Hastings

-Floor area: 345m2 TBC
-Land area: 608m2
-Onsite Car Parking
-Rental: $50,000 net pa
-Prime CBD Location
-Good Yield Opportunity

Designed and built in 1995, the building is located at the top end of the 300 block on Heretaunga Street West.

The building is centrally positioned in the Hastings CBD and in close proximity to well-renowned brands like Thompson Suits, Alexanders and Care Pharmacy. National tenants such as SpecSavers, TSB, Farmers, Carl's Jr, Countdown and the newly developed Bunnings Trade Centre are also close neighbours.

The property consists of two buildings, both leased, offering security and good risk diversity. Although tenanted and offering a good return, the building will have scope for further add value opportunities down the track.

The building offers a steady passive return with add value opportunities down the track.

By Negotiation

Legal Description

Fee Simple
Lot: 1 DP: 26134
CT: HBW1/425
Being more particularly described in the attached Certificate of Title. Free of all charges

Land Area

608 m2

Floor Area

345 m2

Year Built

1990's

Jack Elliott

Commercial Sales