High Profile Character Tenanted Investment
125-117, Russell Street North, Hastings Central, Hastings
- Proposed Usage
- Floor Area
- 940.00 m²
- Land Area
- 716.00 m²
- Property ID
- Multi tenanted with a mix of retail and office tenancies
- Current NBS 28-34%
- Currently returning $129,391.07pa net + GST
- Centrally located in Hastings CBD
This property for Sale located at 125/117 Russell Street North, Hastings offers plenty of opportunity to prospective purchasers nationwide. Currently the building is completely leased with a total of 11 local and national tenants successfully operating within the building.
With the building constructed in the 1920s, like many others, it has fallen under the bracket of an earthquake prone building, which offers the opportunity to prospective purchasers to be effectively active in strengthening and improving the longevity of this impressive character building.
This is a fantastic opportunity for a range of active or passive investors looking to enter the growing commercial market or to add to their existing portfolios.