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Bayleys Napier ERL, (Licensed: REAA 2008)

200-206 Heretaunga Street East, Hastings Central

Price by negotiation

Listing Description

Listed: Thu, 2 Nov

Prime corner in revitalised Hastings gateway

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

Price by negotiation

Details

  •   670m² Floor
  •   761m² Land
AttributeValue
Property use
Retail
Agency reference
2802469

Description

  • 761sqm (more or less) corner site
  • Multiple options - retain or redevelop
  • Premium CBD location
  • Current net passing income of $62,538 plus GST
  • Opportunity to add value and increase income

The eastern gateway to Hastings has undergone a massive revitalisation, including multiple multi-million-dollar upgrade projects to public and private property. 23 public projects, including street upgrades, urban pocket parks, laneways and pedestrian links, outdoor eating spaces, interactive installations and street art have redefined the urban landscape. Private investment has brought people, workplaces, and vibrancy back to the heart of the city.

The iconic Holden's Building has stood proudly on the prime corner within this re-emerged city playground since 1934 - and is now available for its first owner outside of the Holden family.

Offering some 670sqm of floor area, the opportunity exists to be part of this impressive resurgence as part of the award-winning urban design already completed.

Currently offering multiple tenancies, these could be retained as is, or perhaps strengthen, redevelop and modernise the space for a chic urban masterpiece which will be admired for the next 90 years.


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Bayleys Napier ERL, (Licensed: REAA 2008)

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