Central Hastings Investment - Asking $405,000
Hastings City, 344 Heretaunga Street West
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$405,000 Plus GST (if any)
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| Property Information |
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This comprises a fully leased commercial property with freehold title of 312m2 plus interest in a rear right of way. There are two tenancies, with the anchor one being an upmarket
Thai Restaurant with the tenanted having constructed a new kitchen, which also services another food outlet in Napier. Net rental of $35,000 pa. Asking price of $405,000 provides 8.6% annual return. Provisional for CPI rent reviews at two year intervals. |
| Approx Floor Area | 300 sqm | ||
| Land Size | 312 sqm | ||
| Tenure | Fee Simple | ||
| Property Type | Retail, Tenanted Investment | ||
| Approx Floor Area |
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