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Hastings City, 108 Heretaunga Street West

Tenanted CBD Investment

Price by Negotiation

Listing Number: HA26526
About this listing
Here is a great opportunity for a retail investment in the heart of the Hastings CBD that is fully tenanted and seismically sound.
108 Heretaunga Street is comprised of two retail sites that have been refurbished and look great.
Paper Plus, Westpac, Cotton On and Spark are quality neighbouring businesses and the paved walkway and public parking nearby make for easy access for shoppers.
- Two retail spaces on one title
- Total floor area of approximately 290 square metres
- Both retail spaces leased
- 67% NBS rating
- Rear access and tenant car parks
- Public parking close by
- CBD location
- Surrounded by national brands and retailers
- IM available"
Property Information
  • Approx Floor Area: 290 sqm
  • Property Type: Retail
  • Approx Floor Area
    • Retail Square Metres: 290
  • Property Features: Central Location
  • Parking
    • Carparks: 0
  • Property Details: Tenanted Investment
  • Tenure: Unit Title
  • Tenancy 1: Area Sqm: 180, Commencement Date: 01 July 2016, Rental net/gross p.a.: 42500, Review Dates: 1/07/2018, 1/07/2020 (CPI), Rights of Renewal: 1/07/2021, 1/07/2024, Tenant Name: Suzelle Lingerie, Term (years): 5
  • Tenancy 2: Area Sqm: 110, Commencement Date: 01 July 2017, Rental net/gross p.a.: 25900, Review Dates: Market 1/07/2020, Rights of Renewal: N/A, Tenant Name: Wallace Development, Term (years): 5
Property Documents
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Contact Details

Harcourts Hastings

Regent Realty Ltd

Licensed REAA 2008

307 Karamu Road North
Mayfair
Hastings
Office website

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