Single Tenanted Investment on the western side of High Street this office building is well located in the Central area of business area of Hawera. The property has ROW access off Napier Street to the car parking area that has four parks approximately. Built circa 1959 the building is of concrete foundations and flooring, plastered concrete walls and profile metal roofing. The building both externally and internally is in good condition and is well presented.

The Tenant is trading as Spiire NZ Ltd Ltd and has a lease of two years from the 1st April 2008 with two further terms of two years to the 31st April 2014, plus 15 months then a three year renewal. Expiry date 30 June 2018.
This Tenant pays the property Rates and Building Insurance in addition to the rental.


Tenant: Spiire NZ Ltd

Rental: $25,000.00 plus GST

Building area: 221m2

Land Area: 379m2

Rating Value: $119,000

Annual Rates: $1,980.21


Price $230,000 + gst