221 Wilson Road, Twyford, Hastings, Hawke's Bay

For sale is 221 Wilson Road, Hastings, a well-situated corner site investment property within 1km of the Napier/Hastings Expressway.   The property comprises a total floor area of approximately 686sqm - made up of 501sqm clear span warehouse, 61sqm workshop space and 124sqm ground and first floor office/amenities.  Furthermore, the property has approximately 610sqm of fully fenced and secure yard.   The property has recently secured a new lease to Ziwi commencing 1 October 2022, with a net rental of $95,000 plus GST per annum.  The lease is landlord-friendly with a 5 year initial term, annual CPI increases and market rent review at each 5 yearly renewal.   Please do not hesitate to contact Calum or Daniel for further information regarding this opportunity.

Features:

• Land area 1590m
• Floor area 686sqm (approx.)
• New lease commencing 1 October 2022
• $95,000 plus GST per annum
• 75% NBS seismic rating

More information: https://www.colliers.co.nz/p-NZL67020160