Brand New Lease, Solid Investment


120 Queen Street East, Hastings Central

By Negotiation

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Brand New Lease, Solid Investment | 120 Queen Street East, Hastings Central | 2851230 |      X Close
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Brand New Lease, Solid Investment


A new office investment opportunity arrives to the market in Queen Street East, Hastings. This two-level building was constructed in 1907/08 comprising 980sqm (more or less) of floor area. The ground floor level offers a reception and waiting areas with eight consultation rooms, two disabled access toilets with shower and excellent storage. The first floor provides three office suites, two strong rooms, meeting room and toilet amenities with lift access. Also, with a generous land area of 1263sqm (more or less), the rear of the property offers 20 carparks and access strip of Avenue Road.

Newly placed tenant begins their brand new 3x3 year lease on the 01 June 2020 with excellent refurbishment being completed before commencement to enhance and modernise this classical building.

• NBS - 67% or greater

• 20 carparks

• Brand new 3x3 lease commencing in June 2020

• Net rental - $135,080 + gst per annum

• Central Commercial Zone

For further information, please call sole agent, Jake Smith 022 172 2718.

120 Queen Street East, Hastings Central

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