Risk diverse, this investment opportunity has two income streams between a national tenant and takeaway restaurant with an additional 60m² tenancy to extract further upside.
The single storey building overlooks one of Hastings latest retail developments currently in the pipeline among inter/national retailers. Neighbour to BP Connect, Unichem Pharmacy, ANZ, KFC, Subway, and car dealerships Ford/Mazda, Hyundai & Subaru. The huge traffic volumes further solidify Stortford Lodge as a growing destination hotspot in Hastings, giving the investor long-term security and opportunity for leverage.
Floor to ceiling framed glass frontages offer fantastic profile for the three tenancies, all benefiting from exposure to the top end of Heretaunga Street West.
The building provides passive income with a healthy return and significant up-side to grow your invested capital
Features:
- Approx. 22-metre frontage
- Partially leased with upside
- High profile with dual access
- Onsite car parking
- North-East facing for good natural light
- No seismic rating
More information: https://www.colliers.co.nz/p-NZL67014908
