For sale is 221 Wilson Road, Hastings, a well-situated corner site investment property within 1km of the Napier/Hastings Expressway.
The property comprises a total floor area of approximately 686sqm - made up of 501sqm clear span warehouse, 61sqm workshop space and 124sqm ground and first floor office/amenities. Furthermore, the property has approximately 610sqm of fully fenced and secure yard.
The property has secured a lease to Ziwi commencing 1 October 2022, with a net rental of $101,555 + OPEX + GST per annum. The lease is landlord-friendly with a 5 year initial term, annual CPI increases and market rent review at each 5 yearly renewal.
Please do not hesitate to contact Calum or Daniel for further information regarding this opportunity.
Features:
* Land area 1590m²
* Floor area 686m² (approx.)
* 75% NBS seismic rating
* $101,555 + OPEX + GST per annum
