Centrally located on a prominent Hastings corner, this high-end office property offers 490m² of premium space, ideal for professional use. The freehold site spans approximately 1,383m², providing 19 on-site car parks for staff and clients.
The building is currently leased to Cole Murray Group Limited, a respected and established tenant who has recently committed to a long-term lease, making this a secure and attractive investment opportunity.
- Rented Area = 490m² + 19 carpaks
- Net Rent per / annum = $165,000
- Current Term = 6 years from 1 November 2025
- ROR = 2 x 6 years
- Rent Review = Market rent review every 6 years. 2% annual increases
- Final Expiry of Lease = 31 October 2043
Contact Ian McLachlan on 021 523 515 to view.
Features:
- 490m² of High-end Office Accommodation
- Outstanding Location
- 100% NBS
- 19 on-site Car Parks
- Quality Tenant
- Freehold Title
More information: https://www.colliers.co.nz/p-NZL67036548
