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For Sale

Negotiation

Colliers is proud to present to the market for sale, 246 Hastings Street in

Napier.

Leased to a national tenant and well located on the main transport

route in and out of the city from the south. Pockets of the area are

earmarked for further redevelopment by the council, leveraging off the

proximity to Marine Parade and the CBD this property enjoys.

The existing single level building is split into bulk showroom with

storage and loading bay (off Hastings St) alongside the amenities at the

rear of the premises. A fully sealed carpark with 34 spots available, this

in itself is worth its weight in gold further highlighting the calibre of this

property.

The current lease expires in March 2022, a number of opportunities are

at play here developers, owner occupiers and investors will all see

upside in this formidable fringe CBD property. In the vicinity are other

large national retailers such as Farmers, Macpac , Kathmandu, Light

Direct, Noel Leeming and The Warehouse.

Can be sold individually or together with neighbouring property Lighting Direct.  

 

 



Ref #: 20717299