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129 Heretaunga Street West, Hastings City, Hawkes Bay, 0 bedrooms, 0浴, Retail Property
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$1,600,000

129 Heretaunga Street West, Hastings City, Hawkes Bay

680m2
356m2
school zone
$9,506/Monthly repayments
Based on estimate value

129 Heretaunga Street West

- $1.6m +GST

- Freehold title

- Combined 387 sqm

- 67% NBS

- Ground floor retail/office

- First floor 4-bedroom apartment

129 Heretaunga Street is a two-storey character building that retains the distinctive features of many of the commercial properties in the Hastings CBD, whilst also displaying a contemporary visage via the renovations that took place 4 years ago.

On the ground floor is approximately 279 sqm of retail or office space, with a mezzanine, copious amounts of storage, three bathrooms and a staffroom. This portion of the property is currently vacant and so provides the perfect opportunity for an owner occupier to purchase the building and establish their business on site.

The first floor is equally as expansive and features a spacious 4-bedroom apartment with all of the amenities that you would expect, along with great character features and access to a rooftop space. Currently there is a tenant living on site on the first floor.

The current expectation is $1.6m +GST based on a vacant ground floor and tenanted first floor. However, if a lease tenant is found for the retail space, then the expectation will increase proportionally in relation to any new net rental being paid on the ground floor.

Viewing are by appointment, so give me a call to get on site and to discuss your needs.

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Property history

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For developers

Unitary plan:-
Land:356m²
Title:Freehold
Zoning
Underground
Contour
State houses
Flood zone

Mortgage

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Last update:2023-08-30 17:12:52