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For Sale - Asking Price $700,000 + GST (if any)

108 Heretaunga Street West, Hastings

Retail Property
dollar

$700,000 Plus GST (if any)

Floor area
290m2
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Property details

Listing # 67040195 | Listed on 7 May

Positioned in the very heart of Hastings’ CBD, this well-maintained commercial building presents a fantastic opportunity to secure a foothold within one of the city’s most prominent retail and commercial precincts.

Situated along Heretaunga Street West and within The Mall—currently undergoing a significant upgrade—the property stands to benefit from increased foot traffic, enhanced amenity, and long-term revitalisation of the surrounding area.

The building is configured into two tenancies and is currently returning $68,170 net per annum plus GST. With one tenant due to vacate at the end of June and the other operating on a month-to-month basis, the property offers genuine flexibility for incoming purchasers.

The building has a seismic rating of 67% NBS, this is a solid investment in a tightly held location. The current upgrades in The Mall are set to further enhance its appeal as a key destination within Hastings.

Contact Danny Blair for further information.


Features:

  • Located in the heart of Hastings CBD
  • 67%+ NBS seismic rating
  • Refurbished building
  • Surrounded by quality tenants


More information: https://www.colliers.co.nz/p-NZL67040195

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