340 Heretaunga Steet East, Hastings, Hastings

Long lease with over 12 years remaining

• Tenanted investment returning $485,384pa + GST
• Long term lease with 12 years to run and rights of renewal until 2046
• 95% NBS Rating - Grade A
• National tenant with 40 locations nationwide
• Prominent corner profile

This well-presented modern property of 2,675sqm (more or less) is a prominent fixture to Hastings CBD, situated on a large freehold corner site of 3,643sqm (more or less) and including a mix of exclusive car parks as well as shared car parking rights on the adjoining property. With dual street frontage, it offers an exceptionally high profile and presence.

The location of the property is superb. Located on the eastern side of the Hastings central business district, it provides great connectively to the greater Hastings precincts and Havelock North. Not to mention the substantial development and infrastructure that is currently being invested into Hastings. This is the largest and most popular gym in Hastings and offers long term income in a prime location.

Properties of this calibre rarely present to the market in Hawkes Bay. Call now for further details.

Sunil Bhana
021 938 660
sunil.bhana@bayleys.co.nz

Mike Houlker
021 945 927
mike.houlker@bayleys.co.nz

Michael Su
021 431 988
michael.su@bayleys.co.nz