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Hawera

55-57 Regent Street, Hawera, South Taranaki

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873sqm Land area SQM
577sqm Floor area

National tenant - Six-year term


-National tenant Excel Refrigeration
-Currently returning $111,737pa net
-'A' grade office fit-out

This standalone tenanted investment presents an exciting opportunity in a fast-growing Hawera CBD location, 70km drive south of New Plymouth city. The property is leased to national tenant Excel Refrigeration, producing a net return of $111,737pa on a new six-year term. The heritage building has been strengthened (category 'B') and boasts a 577sqm (more or less) floor area that features an extensive 'A' grade fitout with contemporary fixtures and fittings. Notable neighbours include FMG, Toyota, and the multi-million dollar Library, Culture and Arts Centre. Freehold 873sqm (more or less) site with dual frontage to Regent and Little Regent Street with eight on site car parks.

Call now for an information memorandum and your appointment to view.

Asking Price NZ$1,450,000 + GST (if any)
Iain Taylor

Iain Taylor

Commercial and Industrial Sales and Leasing

Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Darryl Taylor

Darryl Taylor

Commercial, Industrial and Development Sales and Leasing

Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

A-grade


Architecturally designed fit-out

Seismic (NBS rating)


Category ‘B’ seismic rating

Character building


Refurnished Heritage building

Lease term


New six-year lease in place to national tenant

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