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Colliers, Napier, Tremain Commercial Ltd, (Licensed: REAA 2008)

305-307 Eastbourne Street West, Hastings Central

Price by negotiation

Listing Description

Listed: Wed, 16 Nov

Six Year Term to Hawkes Bay Collision Repair

305-307 Eastbourne Street West, Hastings Central, Hastings, Hawke's Bay

Price by negotiation

Details

  •   620m² Floor
  •   1942m² Land
AttributeValue
Property use
Industrial
Agency reference
NZL67021449

Description

Strong cashflow and a steady income stream with over 5 years remaining on the new lease to Hawkes Bay Collision Repair.    The site offers future development prospects with flexible zoning, which gives the investor future upside/add-value opportunities and the ability to significantly increase the annual net rental income.    Light industrial investments with high stud workshop and yard this close to the CBD is rare, providing long-term prospects the investor is set to benefit from.    The light industrial investment consists of an ideal mix of facilities with through access to the rear. Close neighbours include Saddlery Warehouse with 14 stores across the country, Surveying The Bay, Farmers and Direct Imports NZ.   Overall, this is a great light industrial investment, providing a secure long-term hold with room for future upside and add-value.

Features:

  • Split across two titles
  • Two buildings plus yard
  • Approx. 32% site coverage
  • 40m Frontage
  • Zoned Central Commercial

By Negotiation

More information: https://www.colliers.co.nz/p-NZL67021449


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Colliers, Napier, Tremain Commercial Ltd, (Licensed: REAA 2008)

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