Listing Description
Prime corner in revitalised Hastings gateway
200-206 Heretaunga Street East, Hastings Central, Hastings, Hawke's Bay
Price by negotiation
Details
Attribute | Value |
---|---|
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.