Listing details

Risk free long term investment

Listing number:2851850

902 Sylvan Road,  Hastings


About the property

Land Area:  0.16 ha

•New 20 year lease + five + five
•Iconic Hawke's Bay corporate tenant
•Superbly constructed with low maintenance
•$200,000pa + GST net rent
•Join the Bay's sunshine economy
This property provides highly sought after accommodation for the prized RSE workers employed by one of Hawke's Bay's leading horticulture / agricultural businesses. Providing 70 bed plus capacity, the property has been built to the highest specifications with very low maintenance materials and concrete hard stand yard. All units (both first and ground) have balcony or verandah.
The lease provides initial 20 year term plus renewals with all outgoings paid by the tenant including rates, insurance and internal and external maintenance. Fully consented by all regulatory authorities.

Agent Details

Rollo Vavasour
06 877 9300
021 650 210
View my profile

Agency Details

Eastern Realty Ltd (Licensed: REAA 2008) - Bayleys, Hastings
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