BLUE-CHIP TENANTS WITH ADD-VALUE & UPSIDE!
125, Ruataniwha Street, Waipukurau, Central Hawkes Bay
- Proposed Usage
- Land Area
- 1429.00 m²
- Property ID
Floor area: 2,480m2
Land area: 1,429m2
80% NBS rating
Mixed term tenancies
Passing net rental: $100,000 p.a.
Total potential net rental:circa $175,900 p.a.
Arguably Waipukuraus most prominent building has come to market and is available for sale for the first time in seventeen years. The building is located on State Highway 2, the main arterial route running North and South of Waipukurau on Ruataniwha Street. Sporting a corner profile the building has a frontage spanning some 46 meters and a seismic rating of 80% NBS, which aside from the tenant covenant, is what makes this building so attractive.
With the building leased to both national and government tenants, it offers great security. Upstairs has been refurbished to accommodate national tenant Crowe Horwath and Colliers International, with government tenant Heartland Services (department of the Ministry of Social Development) on ground floor, along with the remaining 690sqm of vacancy.
The building offers a fantastic add-value opportunity with great upside.
Deadline Sale Wednesday 14 March 2018 at 4pm (unless sold prior)