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Listing Description
Listed: Mon, 3 Nov
National tenant - Six-year term
55-57 Regent Street, Hawera, South Taranaki, Taranaki
Asking price $1,450,000
Details
| Attribute | Value |
|---|---|
| Property use | Office |
| Agency reference | 2602403 |
Description
-National tenant Excel Refrigeration -Currently returning $111,737pa net -'A' grade office fit-out
This standalone tenanted investment presents an exciting opportunity in a fast-growing Hawera CBD location, 70km drive south of New Plymouth city. The property is leased to national tenant Excel Refrigeration, producing a net return of $111,737pa on a new six-year term. The heritage building has been strengthened (category 'B') and boasts a 577sqm (more or less) floor area that features an extensive 'A' grade fitout with contemporary fixtures and fittings. Notable neighbours include FMG, Toyota, and the multi-million dollar Library, Culture and Arts Centre. Freehold 873sqm (more or less) site with dual frontage to Regent and Little Regent Street with eight on site car parks.
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Property Files
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