Historic CBD opportunity

124 Market Street North, Hastings

By Negotiation

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Historic CBD opportunity | 124 Market Street North, Hastings | 2852077 |      X Close

Historic CBD opportunity

- Multi Tenanted with Co-Op bank as anchor tenant

- 70% NBS peer reviewed

- Opportunity for redevelopment into apartments with ample carparking

An iconic CBD opportunity on 1,508sqm (more or less) of land is available for redevelopment in the tightly-held Hastings CBD. Few buildings equal the charm and character of this property.

For sale is the bottom and first-floor unit titles, adjoining right of way, six freestanding carparks and 118 Market Street North, which is a standalone 601sqm (more or less) property ideal for a carpark to support an apartment redevelopment (as outlined in red above).

Neighbouring properties include ASB Bank, SBS Bank and Kiwibank.

The opportunity is to convert the complex into apartment-style living, Recognised Seasonal Employer (RSE) accommodation or re-vitalised office space with existing commercial tenancies on the ground floor. Preliminary plans for 21 apartments are available on request. There is an option to purchase the top floor separately.

Please contact Daniel Moffitt 021 423 580 or Jacob Smith 022 172 2718 for further information.

124 Market Street North, Hastings

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