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Harcourts Hastings/Havelock North - Regent Realty Ltd

200 - 206 Heretaunga Street East, Hastings Central

Asking price: $1,000,000

Listing Description

Listed: Fri, 18 Nov

Iconic Hastings Building for Sale

200 - 206 Heretaunga Street East, Hastings Central, Hastings, Hawke's Bay

Asking price $1,000,000

Details

  •   701m² Floor
  •   761m² Land
AttributeValue
Property use
Development site
Capital value (CV)
$780,000
Agency reference
HA27997

Description

*Heretaunga Street East location *Fully tenanted *Freehold title

200 - 206 Heretaunga Street East, also known as the Holden's Building, is an iconic corner site located in the burgeoning hospitality and service precinct in Hastings, Hawke's Bay.

The building features 4 tenancies, with no vacancies and additional income from a billboard on the roof. This creates a net annual income of $67, 576 +GST across three retail tenants and the well-known Kippers fast food outlet.

The property is rated at 14% NBS and presents an opportunity for the purchaser to add value by strengthening in the future. The seismic strength is well documented, with a report available to interested parties.

Give the exclusive listing agents a call to discuss further or to book in for a viewing.


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Harcourts Hastings/Havelock North - Regent Realty Ltd

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