• Floor area of 11,538m2 over five buildings
• Land Area 4.0846 hectares more or less
• Great truck flow
• Motivated vendor
• Empty Building with substantial holding income
NAI Harcourts Hawkes Bay are proud to present to the market 1444 Railway Road South, Pakipaki, Hastings.
Comprising of five large warehouse facilities, the property will suit owner occupiers looking for substantial warehouse space. Or alternatively Investors/developers looking for a project where the warehouses could be multi-tenanted.
The building has holding income until 30 June 2027, with the tenant Alto Packaging Limited currently paying a net rental of $839,775.29. The buildings are now vacated.
1444 Railway Road has easy access via State Highway 2 and Railway Road South to the Hastings Town Centre, also approximately thirty minutes drive from Napier Port. The site is zoned "plains production" and identified as Scheduled: Site (SS22) which restricts the use of the property to Plastic, Fibreglass and Polystyrene Manufacturing.
Resource Consent would be required to change the use of the property to a general industrial activity.
For further information and to request an info pack , please contact the listing agent Shannon Caldwell.
