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

504 Karamu Road North, Hastings Central

Price by negotiation

Listing Description

Listed: Tue, 30 Apr

Cracking Investment Property

504 Karamu Road North, Hastings Central, Hastings, Hawke's Bay

Price by negotiation

Details

  •   420m² Floor
  •   992m² Land
AttributeValue
Property use
Retail
Agency reference
NZL67028667

Description

Situated in the heart of Hastings, this property offers an outstanding investment opportunity leased to New Zealand’s leading glass repair company, Smith and Smith Hastings. The building has proven highly effective for Smith and Smith, benefiting from its convenient location within walking distance to the town centre and The Mega Park. The Mega Park hosts a range of popular retailers, including Mega Mitre10, The Warehouse, Rebel Sport, and Briscoes, ensuring high foot traffic and visibility.

The property boasts a strong return, with a net rental income of $71,176 net per annum. Its modern structure and excellent access off Karamu Road enhance its appeal and functionality. This is an ideal investment property with a solid tenant and a strategic location offering great potential for future growth.

Don’t miss this opportunity to secure a premium investment in a prime location.  Contact Danny Blair for further information.    

Features:

  • Solid tenant covenant
  • Easy access to main transport routes
  • Ample onsite parking for customers

More information: https://www.colliers.co.nz/p-NZL67028667


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

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