Perfectly positioned, this brand new trade retail unit is located within the highly sought-after light industrial hub of Hastings.
Tenanted to Bapcor New Zealand Limited on a new six year initial term with two further rights of three years returning $113,000 net rental pa + GST. Bapcor New Zealand Limited are leading providers of vehicle parts, accessories, equipment, service and solutions, with services offered at more than 210 locations.
The 550m² high stud unit comprises showroom, two offices and warehousing accessible via two large roller doors, and 11 onsite car parks.
This is an outstanding opportunity for astute investors looking to acquire a quality unit in a strategic location.
Features:
- Land area 1047m²
- Floor area 550m²
- Net rental $113,000 + GST pa
- New six year lease
- Australasian tenant
- 100% NBS
- Zoned Large Format Retail
More information: https://www.colliers.co.nz/p-NZL67015172