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Iconic Hastings Building for Sale

200 - 206 Heretaunga Street East, Hastings

Industrial Buildings
dollar

$1,000,000 Plus GST (if any)

Floor area
701.5m2
Land area
761m2
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Map

Property details

Listing # HA27997 | Listed on 18 November 2022

*Heretaunga Street East location

*Fully tenanted

*Freehold title

*Fully tenanted

200 - 206 Heretaunga Street East, also known as the Holden's Building, is an iconic corner site located in the burgeoning hospitality and service precinct in Hastings, Hawke's Bay.

The building features 4 tenancies, with no vacancies and additional income from a billboard on the roof. This creates a net annual income of $67, 576 +GST across three retail tenants and the well-known Kippers fast food outlet.

The property is rated at 14% NBS and presents an opportunity for the purchaser to add value by strengthening in the future. The seismic strength is well documented, with a report available to interested parties.

Give the exclusive listing agents a call to discuss further or to book in for a viewing.

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