Ad ID: 79978 Inactive

Modern Industrial Warehouse for Sale Hastings Central Hawkes Bay

Enquire about this "Modern Industrial Warehouse for Sale Hastings Central Hawkes Bay" property on nzcommercial

Industrial/Warehouse - Established Tenant, High-Spec Facility in Hastings

1019 Manchester Street
Hastings Central
Hawkes Bay
Deadline Treaty
Area (m2):

Commercial Property for Sale Description

Modern Industrial Warehouse for Sale Hastings Central Hawkes Bay 1019 Manchester Street

CBRE as the exclusive listing agents is pleased to present to the market for sale 1019 Manchester Street, Hastings.

Key features:
- Award-winning, high stud industrial facility built in 2010
- 8,094sqm industrial site
- 4,190sqm modern warehouse and office
- Returning $380,000 plus GST and outgoings
- 10 year lease
- 2% annual fixed rent reviews with a mid-term review to market (subject to a 10% cap and collar)
- Respected and established tenant operating in the region for 100 years

Hastings is the main centre within the Hawkes Bay region and located 18 kms from the port city of Napier. The combined population of the Napier-Hastings Urban Area is approximately 134,500 people, which makes it the sixth-largest urban area in New Zealand, closely behind Tauranga. Neighbouring occupiers include Metalcraft Roofing, McCain Foods, Downer New Zealand, Fletcher Easysteel, Progressive Meats and Orora Packaging.

This property is available for sale via Deadline Private Treaty closing Thursday 7 March 2019 at 4pm (unless sold prior).

For more information or to arrange a viewing
Please contact the sole agents and quote the Listing ID

Chagalle Ellis
021 39 28 68 or (09) 573 3333


Bruce Catley
021 729 004 or (09) 573 3333


Chad Greer
022 650 8044 or (09) 573 3333

Listing ID: 19293520Q1

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