Your latest guide to property sales, leases , businesses and everything commercial in Hawke’s Bay.
COMMERCI COLLECTION
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Issue 39, November 2023
Hawke’s Bay
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Shannon Caldwell
Matt Webb
Sales & Leasing Consultant
Commercial Manager, Sales & Leasing Consultant
Dean Moroney
Michelle Hickmott
Nadia Weaver
Digital Design
Administrator
James Cooper General Manager
Advertising & Design
Kaine Wilson
Managing Director
This magazine has been prepared to assist solely in the marketing of the properties within. While all care has been taken to ensure the information herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
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NAIHARCOURTS MARKETLeader
Bringing you news from the world of commercial real estate.
A view of… commercial property in 2023 The commercial property market has experienced a decline in sales activity, but experts highlight that there is still a high demand for quality space. Sectors within the market are adapting to meet new trends and challenges. The impact of high interest rates and economic uncertainty has been felt across the market, with office and retail sectors facing additional headwinds. Both the office and retail sectors were particularly affected by the shift to remote working prompted by Covid-19, especially in CBD areas. In addition to this, the rise of online shopping and the Reserve Bank's push to reduce spending have added to the challenges faced by the retail sector.
Wellington's CBD vacancy rate in June was reported at 5.6%, well below the 10-year average of 8.6% and one of the lowest rates since 2008. Auckland's CBD vacancy rate also declined for the first time since early 2020, reaching 12.5% in June. Similarly, Christchurch CBD vacancies were recorded at their lowest levels.
The changed environment has led to shifts in all sectors. In light It's not just about the building's of this, here are some market quality but also the perceived trends to consider: quality of the location. In Auckland, high-quality offices Quality counts in the northern CBD and Vacancy rates in office sectors waterfront areas have very low across the main CBDs have vacancy rates. continued to decrease.
However, as you move south to Upper Queen Street, the vacancy rates are higher. Corporates are looking for modern, premium spaces near amenities and transport hubs to attract and retain workers. Newly developed or upgraded, greener buildings are particularly attractive, leading to secondary stock being less desirable. Return to the office Although remote working has become entrenched as an option, more people are gradually returning to the office.
While worker numbers haven't completely reached pre-Covid levels, they are not far off. Hybrid working is here to stay, which means office numbers will fluctuate, impacting occupant preferences for office spaces.
Employees no longer desire traditional rows of desks; instead, they seek flexible floor plans and intuitive fit outs that reflect modern ways of working. There is also a growing demand for collective working areas and social spaces to enhance engagement and company culture.
Enhancing retail experiences The return of more people to business districts is expected to have a positive impact on certain segments of the retail sector. Source: Stuff.co.nz
Commercial property investment… what you need to consider The question amongst many prospective home buyers and investors in New Zealand, is whether to invest in residential or commercial property. As regulations for residential property owners have increased, commercial property is looking more worthwhile. With the boom of the new build, ‘kiwi-build’ homes across the residential market, buyers are required to put down, on average a 20% deposit, must hold on to the property for 5 years to avoid paying capital gains tax and are fully responsible for the rates, insurance, and body corporate fees. Typically, when purchasing a commercial property, the return on investment is higher compared to residential properties. There are several key factors to take into consideration however, when investing in commercial property. Commercial property prices are higher The price of a commercial property is usually of a significant figure. The bank can generally lend up to 60% to 65%
Renting can be a bit more complicated If you plan to rent your commercial property, it’s not as simple as passing a healthy homes equivalent assessment. Requirements include carrying out a seismic assessment to ensure the property is Commercial property loans are earthquake safe, and according to the New Building Standard, it shorter needs to meet at least 67% of the It may seem like a long-term criteria to be deemed suitable investment, but commercial for tenants. Landlords need to be property loans are typically shorter term, lasting 10 to 15 years, aware of formidable costs which can arise such as re-fits between as opposed to residential loans tenants. All these combined are a which can last over 30 years. of the purchase price, however the asking deposit of 35% to 40% for commercial property will still be a large sum of money, and larger than a deposit for a residential property. Banks can also lend on average 80% deposits for residential property.
significant cost commitment. It can be harder to face an economic downturn When business is struggling due to a slump in the economy or a pandemic, commercial property, often hosts of local businesses, are at a higher risk of failure. Exposed to the market conditions, and lack of income, it can be riskier to invest in a
commercial property where debt payments are reliant on business cashflow. It is recommended for anyone considering investing in commercial property to have considerable savings, and reliable, consistent income. Cash buffers and contingency plans should be in place, so any investor can confidently
and reliably enter commercial property investment with ease and come away with a successful investment. The helpful NAI Harcourts team across New Zealand will be able to guide you every step of the way. Visit nai.harcourts.net/nz and check out all the information you need to get started. Source: Stuff.co.nz
NAI Harcourts Commercial Conference 2023
The NAI Harcourts Commercial Conference 2023 which was held on Wednesday 4 October in Auckland, was a day of thoughtprovoking conversations, networking, and exceptional business insights from a line-up of engaging guest speakers.
This gathering of industry leaders and forward-thinking individuals will foster collaboration and chart the course towards future success within the NAI Harcourts network and beyond.
If you are interested in making your next commercial property move, visit nai.harcourts.net/nz to see the latest listings and to talk to a sales consultant in an office near you.
Gumboot Friday is back, to give free kids counselling when it's needed The Harcourts Foundation is excited to announce its continued support for Gumboot Friday in 2023. This year's event will take place on 3rd November. To kickstart efforts, the Harcourts Foundation has already donated $24,000. The aim of the Harcourts network is to significantly increase this amount with the help of our dedicated team from offices across New Zealand. Together, we can make a difference in mental health awareness and support.
GUMBOOT FRIDAY ! IS BACK 3rd Nov, 2023
Gumboot Friday is a nationwide initiative dedicated to providing much-needed free kids counselling. Since its inception in 2018, Gumboot Friday has successfully raised in excess of an #HarcourtsGumbootUp impressive $6m. This significant Harcourtsfoundation.org/GumbootFriday effort has allowed them to finance over 42,000 counselling sessions for nearly 20,000 next 12 months. By participating in this meaningful cause, together children, at an average session we can make a lasting difference in children's lives. cost of $150. PROUDLY SUPPORTED BY
Looking ahead, Gumboot Friday aims to extend their reach by funding over 40,000 additional free counselling sessions in the
To donate please visit harcourtsfoundation.org/GumbootFriday and follow Harcourts Foundation on Instagram @harcourtsfoundationnz and Facebook @theharcourtsfoundation to see the fun being had to raise funds for our Kiwi kids.
NAI Harcourts is a joint venture company formed by NAI Global, one of the world's largest commercial real estate service providers and Harcourts to provide world-class commercial and industrial real estate services in Australasia. A member of NAI Global's international network NAI Harcourts can help you whether you need is local, national or global. While every effort has been made to ensure that the information in the publication is accurate we recommend that before relying on this information you see independent specialist advice.
FOR SALE
For Sale Marewa, 144 A-D Kennedy Road Opportunity on Kennedy $51,600.91 net income 6 Carparks High Profile Location OK, here's an opportunity that with a bit of vision and hard work, could reap some great rewards! Located on the corner of the busy Marewa Shopping Centre, you will find 144 Kennedy Road.
Price by Negotiation Approx Floor Area 256sqm
Type O ice
Keep the holding income and develop in time, add value by leasing the vacant space or occupy some of the building for your own needs. For further information , contact Shannon Caldwell today .
Shannon Caldwell 021 879 337 shannon.caldwell@naiharcourtshb.co.nz NAI Harcourts | Harcourts Hastings Licensed Agent REAA 2008. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
FOR SALE
For Sale Napier South, 3/100 Emerson Street Own your own o ice! 101m2 First Floor with li access Central City Location Ever wanted to own your own central city o ice, but thought it might be too out of reach, then think again. 101m2 of open plan o ice space overlooking Emerson Street, Napier's main shopping strip. Close to retail, cafes and bars.
Price by Negotiation Approx Floor Area 101sqm
Type O ice
Good natural light with large windows and skylights. You also have access to common area toilets and kitchen. Please note there are body corporate fees and rates payable. Call Shannon Caldwell for further information Shannon Caldwell 021 879 337 shannon.caldwell@naiharcourtshb.co.nz NAI Harcourts | Harcourts Hastings Licensed Agent REAA 2008. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
FOR SALE
For Sale Flaxmere, 182 Flaxmere Avenue Potential Plus in Flaxmere 1012m2 land 153m2 floor area 3 bedrooms Approximately 65m2 converted garage There is so much potential on o er here. A little work may need to be done. However, the rewards will be worth it. The vendors are motivated to sell and will look at all o ers. Call Shannon Caldwell or Matt Webb for further information.
Price by Negotiation Approx Floor Area 153sqm
Approx Land Area 1,012sqm
Matt Webb 0279505033 matt.webb@naiharcourtshb.co.nz Shannon Caldwell 021 879 337 shannon.caldwell@naiharcourtshb.co.nz NAI Harcourts | Harcourts Hastings Licensed Agent REAA 2008. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
FOR SALE
For Sale Hastings Central, 200 - 206 Heretaunga Street Iconic Hastings Building for Sale Heretaunga Street East location Fully tenanted Freehold title 200 - 206 Heretaunga Street East, also known as the Holden's Building, is an iconic corner site located in the burgeoning hospitality and service precinct in Hastings, Hawke's Bay. Contact us today to discuss further or to book in for a viewing.
$1,000,000 Plus GST (if any) Approx Floor Area 701sqm
Approx Land Area 761sqm
Matt Webb 0279505033 matt.webb@naiharcourtshb.co.nz Shannon Caldwell 021 879 337 shannon.caldwell@naiharcourtshb.co.nz NAI Harcourts | Harcourts Hastings Licensed Agent REAA 2008. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
FOR SALE
For Sale Hastings, 358 Heretaunga Street West High Profile Commercial Investment Property Calling all commercial property investors: we present to you 358 Heretaunga Street West - an iconic property o ering a high-profile corner location, established tenants, and a secure addition to your portfolio. John's Bakery is a beloved local institution, and the proud anchor tenant with a strong presence in the Hastings CBD. A renowned name, they'll continue to draw foot tra ic and add value to the site. Alongside John's Bakery, a well-established barbershop enhances the tenant mix, creating a dynamic atmosphere and consistent rental income. Both tenants have secured leases with renewals through to 2035 (John's Bakery) and 2038 (Barbershop), o ering a stable and lucrative investment. Situated at the prominent corner of Heretaunga and Nelson Streets, this site enjoys unparalleled visibility and high-profile exposure. You can also rest assured, the property is structurally robust, providing safety and confidence in your investment as proven by the 75% NBS
Price by Negotiation Approx Floor Area 385sqm Parking 1
Approx Land Area 436sqm
Matt Webb 0279505033 matt.webb@naiharcourtshb.co.nz NAI Harcourts | Harcourts Hastings Licensed Agent REAA 2008. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
FOR SALE
For Sale Hastings, 110 Heretaunga Street West Newly Refurbished retail space for sale! 160m2 (more or less) Hastings CBD Newly refurbished Available now Newly refurbished commercial property for sale in the vibrant Hastings CBD! Located at 110 Heretaunga Street West this property is poised to support your aspirations.
$485,000 Plus GST (if any) Approx Floor Area 160sqm Type Retail
Approx Land Area 167sqm
Matt Webb 0279505033 matt.webb@naiharcourtshb.co.nz NAI Harcourts | Harcourts Hastings Licensed Agent REAA 2008. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
FOR SALE
For Sale Hastings Central, 108 Heretaunga Street West Tenanted Investment Opportunity Commercial investment opportunity Hastings CBD location Fully tenanted 67% NBS 108 Heretaunga Street West is made up of two units on the one title. Both tenancies have been refurbished to a high standard. There is a lot happening in this area, so give us a call to book a viewing and find out more about this opportunity.
Price by Negotiation Approx Floor Area 290sqm
Type Retail
Matt Webb 0279505033 matt.webb@naiharcourtshb.co.nz NAI Harcourts | Harcourts Hastings Licensed Agent REAA 2008. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
For Sale Frimley, 608 Omahu Road Superstrike Now - Super Business Opportunity Are you looking for the chance to step into the world of entertainment, leisure, and world class sports facilities? the owner of Superstrike Tenpin Bowling Centre in Hastings, Hawke's Bay.
Approx Land Area 3,003sqm
Type Leisure & Entertainment
The successful purchaser will acquire a business that boasts a 14-lane bowling facility, has a proven and successful financial track record, a bustling popular café and bar, the security of a new long-term lease and a great location. The current owner is proud to have established this great legacy within the local and regional sporting communities. She is selling more than just a business, it's an iconic regional and national attraction that has been providing top notch entertainment for decades. A major refurbishment of the lanes was undertaken in 2008 with a further upgrade of lanes, screens and equipment in 2017, which has resulted in a world class bowling facility hosting leagues, competitions and New Zealand National tournaments creating fun and excitement
Matt Webb 0279505033 matt.webb@naiharcourtshb.co.nz NAI Harcourts | Harcourts Hastings Licensed Agent REAA 2008. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
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For Lease Hastings Central, 217-219 Heretaunga Street East Cafe for Lease in the Heart of Hastings Are you ready to start your culinary journey in a prime location? I have the perfect spot for you! Welcome to 217 - 219 Heretaunga St East in This tenancy is the former Cornucopia Cafe and is situated in the bustling heart of Hastings East. It benefits from a high level of foot Spanning approximately 100sqm, this cafe space provides ample room for creativity in designing your ideal cafe setup and includes a wellequipped commercial kitchen, ready for you to bring your culinary creations to life.
Lease Price by Negotiation Approx Floor Area 100sqm Parking 1
Type Retail
This cafe space is available now, so you can start serving delicious dishes and beverages without delay. Also, the landlord has additional chattels available through negotiation, allowing you to almost walk right in and start trading! If you have a vision for your hospitality business, want to be in a thriving part of town, and are willing to have an organic based menu then give me a call to discuss your requirements.
Matt Webb 0279505033 matt.webb@naiharcourtshb.co.nz NAI Harcourts | Harcourts Hastings Licensed Agent REAA 2008. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
FOR LEASE
For Lease Hastings, O ice 13/200 Market Street Premium o ice space for lease in Hastings CBD! 17m2 of floor area (more or less ) Car parking subject to availability Access to Hastings Hive café and o ice facilities Hastings CBD Available now! Prime Location Strategically situated at O ice 13, 200 Market Street North, in the bustling Hastings CBD. Spacious Layout: Boasting a generous 17m2 floor area, providing ample room for various business operations and setups Parking Convenience: Secure your convenience with car parking options, though availability is subject to demand. Comprehensive Facilities: Enjoy full access to the amenities of the Hastings Hive Café and additional o ice facilities, fostering a collaborative and productive work environment. Seize this opportunity to secure a prominent commercial o ice space that combines location, space, and amenities. Contact us now to ensure your business thrives in this dynamic setting.
Lease Price by Negotiation Approx Floor Area 17sqm
Type O ice
Matt Webb 0279505033 matt.webb@naiharcourtshb.co.nz NAI Harcourts | Harcourts Hastings Licensed Agent REAA 2008. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
FOR LEASE
For Lease Hastings, 4/405-407 King Street North Secure Central Workshop 4/405 - 407 King St North, Hastings Approximately 269 sqm Drive in access Central Hastings location 2 parks at the door This tenancy is a great option for a workshop, storage, or a combination of both. A roller door allows for internal access and/or parking of vehicles, with an expansive workshop area providing versatility.
LeasePrice by Negotiation Approx Floor Area 269sqm Parking 2
Type Warehouse
The location of this address is across the road from the new Hastings Health Centre, close to the Hastings CBD, and a one-minute drive to the light industrial precinct on Karamu Road. Please note that there are two parks available with this tenancy, as well as ample public parking on the street outside the address. This workshop is winner and available ASAP to a great new tenant. Give me a call to book a viewing, or to discuss your requirements.
Matt Webb 0279505033 matt.webb@naiharcourtshb.co.nz NAI Harcourts | Harcourts Hastings Licensed Agent REAA 2008. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
FOR LEASE
For Lease Hastings City, 500A Miller Street Pristine O ice on Miller Street 144 square metres Corner of Ellison Road and Miller Street Commercial zone Spacious o ice area 500A Miller Street has previously been leased as a residential tenancy. However now is your chance to put your business into what is a warm and pristine environment.
LeasePrice by Negotiation Approx Floor Area 144sqm Parking 1
Approx Land Area 156sqm
With a floor area of approximately 144 sqm, there are four large rooms and a sunroom which can be used for o ice work, meeting rooms or consultation purposes. There is one carpark on site, but ample free parking right at the door that would suit a range of businesses. The entire tenancy is alarmed, has a kitchen that opens onto a deck area for your sta and a small shed for potential storage. Viewings are by appointment, so feel free to give me a call and let's
Matt Webb 0279505033 matt.webb@naiharcourtshb.co.nz NAI Harcourts | Harcourts Hastings Licensed Agent REAA 2008. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
FOR LEASE
For Lease Hastings, 407 King Street North King Street Workshop for Lease Approximately 272sqm of workshop O ice and amenities 9 carparks Available now Workshops with carparks, good access and central locations are challenging to find. However, here is one that is ready to go at 407 King Street North in Hastings. This tenancy is currently vacant and o ers a spacious and versatile layout, catering to a wide range of business needs. With a workshop floor area of approximately 272 sqm, plus amenities and smaller works rooms, it provides ample space for your operations. Roller door access for easy dispatch of inwards and outwards goods is a plus, and is immediately adjacent to the 9 exclusive use o street carparks. This is a great location: only minutes from the CBD in Hastings, the commercial and industrial precincts, as well as the arterial routes to Napier. Give me a call to view or to discuss your needs.
Rent Price by Negotiation Approx Floor Area 893sqm Parking 12
Approx Land Area 3,965sqm
Matt Webb 0279505033 matt.webb@naiharcourtshb.co.nz NAI Harcourts | Harcourts Hastings Licensed Agent REAA 2008. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
FOR LEASE
For Lease Hastings, 926 Heretaunga Street West Space, Carparks, Location 385m2 floor area 2018 build 33 car parks Versatile usage Available now
LeasePrice by Negotiation
Located at 926 Heretaunga Street West, this property o ers an ideal opportunity for a spacious and modern workspace.
Approx Floor Area 385sqm Parking 33
Approx Land Area 1,867sqm
As a former early childhood centre, the tenancy has an expansive 385 square meters of floor area, giving ample room to accommodate a range of business operations. The property also 33 dedicated car parks, 12 of which are stacked, which is rare for commercial tenancies this close to the Hastings CBD. 926 Heretaunga Street West is available now, so give me a call to discuss your requirements and to book in for a viewing.
Matt Webb 0279505033 matt.webb@naiharcourtshb.co.nz NAI Harcourts | Harcourts Hastings Licensed Agent REAA 2008. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
FOR LEASE
For Lease Twyford, 7 Barnes Place Impressive & Modern: Industrial Property Lease Unleash the potential of your business with a modern industrial site that puts a premium on functionality and accessibility. Available for lease at the end of the year, nestled within the dynamic Omahu Road industrial precinct in Hastings, Hawke's Bay. Spanning across 1949 sqm, this industrial site o ers ample space for your business operations and future growth. A spacious 666 sqm warehouse with a 6-metre stud to the knee, rising to 6.75m at the apex. Elevate your work environment within the two-level o ice covering approximately 326 sqm.
LeasePrice by Negotiation Approx Floor Area 1,010sqm Approx Land Area 1,949sqm Parking 8
Constructed in 2006, this property is built to exceed expectations, and assumed to exceed 67% NBS. Your team and clients will benefit from abundant single and stacked parking spaces. Contact Matt Webb at Harcourts Commercial to register your interest in 7 Barnes Place, Twyford, Hawke's Bay.
Matt Webb 0279505033 matt.webb@naiharcourtshb.co.nz NAI Harcourts | Harcourts Hastings Licensed Agent REAA 2008. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
FOR LEASE
For Lease St Leonards, Shop 3 & 4/1036 Heretaunga Open for Business! Newly refurbished tenancy 110sqm Ideal for hospitality One carpark Ready now
LeasePrice by Negotiation
Step on in - you can still smell the paint! That's how fresh this newly minted tenancy is looking, and it is ready for a new tenant now.
Approx Floor Area 110sqm Parking 1
Approx Land Area 506sqm
Spanning approximately 110sqm, this tenancy features crisp white paintwork, new light fixtures and hard-wearing carpet tiles, as well as LED strip lighting in the customer service area. There is ample public parking available at the door and a single park for you at the rear. You will also be located in amongst some of the New Zealand's biggest takeaway and fast-food brands. So, whether you're an experienced cafe owner or an aspiring entrepreneur with a passion for hospitality, this tenancy is the perfect canvas for you to bring your vision to life.
Matt Webb 0279505033 matt.webb@naiharcourtshb.co.nz NAI Harcourts | Harcourts Hastings Licensed Agent REAA 2008. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
FOR LEASE
For Lease Hastings, 110 Heretaunga Street West Newly Refurbished retail space $28,000 net + GST 160m2 (more or less) Hastings CBD Newly refurbished Available now Welcome to 110 Heretaunga Street West. A newly renovated retail space located in the heart of Hastings city. This space is ready to be leased by a quality tenant. If this is you contact me now.
Lease$28,000 net + GST Approx Floor Area 160sqm
Approx Land Area 167sqm
Matt Webb 0279505033 matt.webb@naiharcourtshb.co.nz NAI Harcourts | Harcourts Hastings Licensed Agent REAA 2008. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
FOR LEASE
For Lease Napier South, 4/100 Emerson Street O ice with a balcony? Nice and bright 85m2 first floor o ice in Emerson Street with a balcony overlooking the hustle and bustle of Napier's main shopping strip. New carpet and paint with lots of windows bringing in loads of natural light.
Lease Price by Negotiation
Li access and shared toilets / kitchen.
Approx Floor Area 85sqm
Call Shannon Caldwell today for further information
Shannon Caldwell 021 879 337 shannon.caldwell@naiharcourtshb.co.nz NAI Harcourts | Harcourts Hastings Licensed Agent REAA 2008. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
FOR LEASE
For Lease Napier South, 18-26 Bower Street Cute Little o ice in Bower Street 34.6m2 Second floor with li access Kitchenette and amenities Here's a great little o ice in Bower House that certainly wont break the bank. The beauty of this space is that you have li access and your own kitchenette and amenities!
Lease Price by Negotiation Approx Floor Area 34sqm
There's also plenty of on street parking nearby, meaning convenience for you and your clients. Would suit o ice or perhaps health/consultancy type business. Close to cafes and retail. Call Shannon Caldwell for more details.
Shannon Caldwell 021 879 337 shannon.caldwell@naiharcourtshb.co.nz NAI Harcourts | Harcourts Hastings Licensed Agent REAA 2008. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
FOR LEASE
For Lease Napier South, 18 Bower Street Quality First Floor O ice in Bower House 122m2 100% NBS Great location Li access If you are looking for a space that has quality written all over it, then look at this space in Bower House. Configured as 5 partitioned o ices or consultation rooms with a reception/open plan area. Great on street parking and close to retail and cafes.
LeasePrice by Negotiation Approx Floor Area 122sqm
Call Shannon Caldwell for further information
Shannon Caldwell 021 879 337 shannon.caldwell@naiharcourtshb.co.nz NAI Harcourts | Harcourts Hastings Licensed Agent REAA 2008. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
FOR LEASE
For Lease Onekawa, 200 Prebensen Drive Rare o ering on Prebensen Drive * Available Q3 , 2023 * Approx 1100m2 * Large format retail zone Hunting for a new spot?
Lease Price by Negotiation
This space will appeal to many with great profile on Napier's Prebensen Drive - one of the main arterial routes into the CBD.
Approx Floor Area 1,113sqm
Just over 1000m2 of space on the ground floor plus approx 100m2 of first floor mezzanine. Great stud height and also great customer parking, and is just a hop, skip and jump from the expressway. The space will suit a variety of uses and the landlord is open to all ideas! Space like this does not come up very o en so be quick, register your interest today!
Shannon Caldwell 021 879 337 shannon.caldwell@naiharcourtshb.co.nz NAI Harcourts | Harcourts Hastings Licensed Agent REAA 2008. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
FOR LEASE
For Lease Onekawa, 1/61 Ford Road High Profile Development 881m2 New Build Main Industrial Zone High Stud Great opportunity to base your business in the thick of the action. Tenancy 1, 61 Ford Road is due for completion in 2024 , so if you are looking for a property with high exposure , great parking and close to other high profile businesses such as Mitre 10 Mega and K Mart then this space must be high on your priority list!
LeasePrice by Negotiation Approx Floor Area 881sqm
Would suit a trade retail / industrial business. Call Shannon Caldwell for further information. Shannon Caldwell 021 879 337 shannon.caldwell@naiharcourtshb.co.nz NAI Harcourts | Harcourts Hastings Licensed Agent REAA 2008. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
FOR LEASE
For Lease Onekawa, 26 Maadi Road Maadi Magic 232m2 (including mezzanine) Two car parks Available now for lease is this great space in the heart of the busy Onekawa Shopping Centre. Mainly open plan with a 45m2 mezzanine , the space would suit retail or o ice. Plenty of foot tra ic and a great car park meaning convenience for your customers
LeasePrice by Negotiation Approx Floor Area 190sqm Parking 2
Approx Land Area 229sqm
Call Shannon Caldwell today for further information
Shannon Caldwell 021 879 337 shannon.caldwell@naiharcourtshb.co.nz NAI Harcourts | Harcourts Hastings Licensed Agent REAA 2008. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
FOR LEASE
For Lease Onekawa, 15 Leyland Street Workshop on Leyland 300m2 floor area Industrial zone Street Frontage Opportunity on o er here for a great workshop in the heart of Onekawa. 240m2 of warehouse with approx 50m2 of o ice and amenities. There's also an additional 50m2 of mezzanine/storage.
LeasePrice by Negotiation Approx Floor Area 300sqm
This is a great opportunity for your business, call Shannon Caldwell on 021879337 for your viewing. Chances are this space will get snapped up fast
Shannon Caldwell 021 879 337 shannon.caldwell@naiharcourtshb.co.nz NAI Harcourts | Harcourts Hastings Licensed Agent REAA 2008. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
FOR LEASE
For Lease Hastings City, 113 King Street North Big space on King 324m2 Workshop / warehouse with retail Parking Now available is this exciting prospect on King Street N, Hastings.
LeasePrice by Negotiation
What you have is some retail or o ice space out front and a warehouse/workshop out back, along with three carparks
Approx Floor Area 324sqm
Parking 3
Real close to the city centre, you have great foot tra ic and great profile. Would suit a wide variety of businesses Call Shannon today for further information.
Shannon Caldwell 021 879 337 shannon.caldwell@naiharcourtshb.co.nz NAI Harcourts | Harcourts Hastings Licensed Agent REAA 2008. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
FOR LEASE
For Lease Napier South, 233A Emerson Street Refurbished O ice 130m² Four separate O ices plus Boardroom Great CBD location This first floor Emerson Street space is ready for you to move in. This recently refurbished 130m2 space has four separate rooms, plus a boardroom along with a private kitchen and bathroom facilities.
LeasePrice by Negotiation Approx Floor Area 128sqm
The property is located on one of Napier's high foot tra ic streets and is surrounded by many great businesses. Call today to secure a private viewing at your earliest convenience.
Shannon Caldwell 021 879 337 shannon.caldwell@naiharcourtshb.co.nz NAI Harcourts | Harcourts Hastings Licensed Agent REAA 2008. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
FOR LEASE
For Lease Onekawa, 124 Taradale Road
LeasePrice by Negotiation Approx Floor Area 300sqm
Parking 4
Rare Onekawa Trade Retail 300m2 floor area 120m2 showroom 85m2 warehouse 4 carparks For lease for the first time in 25 years is this outstanding trade retail space on Taradale Road. Great mix of o ice, showroom and warehouse with a roller door. Call now for further information.
Shannon Caldwell 021 879 337 shannon.caldwell@naiharcourtshb.co.nz NAI Harcourts | Harcourts Hastings Licensed Agent REAA 2008. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
FOR LEASE
For Lease Ahuriri, 1 Customs Quay The Place To Be Floor Area 126m2 Outdoor Area - 82m2 High end fit-out New Development Here is your opportunity to be in the highly anticipated Customs Quay development in 2024!
Lease Price by Negotiation Approx Floor Area 208sqm
The Customs Quay Development has a mix of high end apartments, retail, o ice and hospitality. The space on o er here is a high end wine or cocktail bar. Customs Quay will be pumping in 2024 , and it will be the place to be for locals alike Enjoy the water views from inside in front of the fire, or soak up the Hawkes Bay sun in the outdoor area. Make no mistake if you are looking for a hospitality opportunity - this could quite possibly be the best going around in Hawkes Bay. Call Shannon Caldwell for further details.
Shannon Caldwell 021 879 337 shannon.caldwell@naiharcourtshb.co.nz NAI Harcourts | Harcourts Hastings Licensed Agent REAA 2008. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
FOR LEASE
For Lease Marewa, 118 Kennedy Road
Lease Price by Negotiation Approx Floor Area 162sqm Parking 2
Approx Land Area 254sqm
Magnificent space in Marewa 162m2 100 % NBS Parking Alarm Available for lease now is this fantastic space in the Marewa Shopping Centre. Strengthened to 100% NBS , freshly painted and now ready to go. Showroom area out front with o ice, amenities and parking out back. Would suit retail/o ice or perhaps hospitality. Call now for further information.
Shannon Caldwell 021 879 337 shannon.caldwell@naiharcourtshb.co.nz NAI Harcourts | Harcourts Hastings Licensed Agent REAA 2008. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
FOR LEASE
For Lease Napier South, 6/1 Dickens Street
LeasePrice by Negotiation Approx Floor Area 76sqm
Prime Napier CBD Retail space 76m2 Amazing profile Public car park on your doorstep Available at the end of this year, this 76m2 retail space oozes profile. Close to national retailers and eateries. Your earliest inspection is recommended.
Shannon Caldwell 021 879 337 shannon.caldwell@naiharcourtshb.co.nz NAI Harcourts | Harcourts Hastings Licensed Agent REAA 2008. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
FOR LEASE
For Lease Napier South, 5/1 Dickens Street
LeasePrice by Negotiation Approx Floor Area 80sqm
Delightful on Dickens * 80m2 * Great Central Location * A ordable Rent Clean and tidy space situated next to One NZ space at the top of Dickens Street, in the heart of Napier's CBD. All day foot tra ic is an added bonus. Opportunities like this don't come around o en, so call at your earliest convenience to view.
Shannon Caldwell 021 879 337 shannon.caldwell@naiharcourtshb.co.nz NAI Harcourts | Harcourts Hastings Licensed Agent REAA 2008. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
FOR LEASE
For Lease Pakipaki, 1444 Railway Road South
Lease By Negotiation Approx Floor Area 9,760sqm Approx Land Area 40,803sqm
Big warehousing for lease 9760m2 floor area 4.08ha land area Great truck access 48 carparks Multiple warehouses available for lease, this is a very rare opportunity for you to secure warehousing of this size in Hawkes Bay. There is a number of options available - with permitted uses such as manufacturing, warehousing/storage and distribution. Enquire today for this fantastic and rare opportunity
Shannon Caldwell 021 879 337 shannon.caldwell@naiharcourtshb.co.nz NAI Harcourts | Harcourts Hastings Licensed Agent REAA 2008. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
FOR LEASE
For Lease Onekawa, 25 Thorn Place. A Rose in Thorn Place 551m2 floor 1000m2 land Parking Showroom/O ice /Low Stud Warehouse to suit light industrial activity in Thorn Place. Landlord will consider dividing tenancy into two. Call me today for further information or your private viewing.
LeasePrice by Negotiation Approx Floor Area 551sqm Parking 6
Approx Land Area 1,000sqm
Shannon Caldwell 021 879 337 shannon.caldwell@naiharcourtshb.co.nz NAI Harcourts | Harcourts Hastings Licensed Agent REAA 2008. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
FOR LEASE
For Lease Napier, 4 Market Street Great space on Market St 35m2 space Centrally located 72% NBS Available now High ceiling and mezzanine storage... the space will suit a large number of retailers. Adjacent to a number of national brands, this space won't last long. Call for further details.
Lease Price by Negotiation Approx Floor Area 35sqm
Shannon Caldwell 021 879 337 shannon.caldwell@naiharcourtshb.co.nz NAI Harcourts | Harcourts Hastings Licensed Agent REAA 2008. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
FOR LEASE
For Lease Napier South, 5 Market Street Market St Retail 96m2 retail Premium location High foot tra ic Available to lease is this "boutique retail space" right in the middle of Market Street in the Napier CBD. Open plan with lots of character, you also have the added bonus of a separate rear o ice and storage.
Lease Price by Negotiation Approx Floor Area 96sqm
Give Shannon a call today for further information.
Shannon Caldwell 021 879 337 shannon.caldwell@naiharcourtshb.co.nz NAI Harcourts | Harcourts Hastings Licensed Agent REAA 2008. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
FOR LEASE
For Lease Napier South, 3/100 Emerson Street Emerson o ice 101m2 Li Access For sale or Lease Available now is a great open plan o ice in the heart of Emerson Street. Shared amenities and just a stones throw away from great retail , bars and cafes.
Lease Price by Negotiation Approx Floor Area 101sqm
The rent wont break the bank and is very a ordable. Call Shannon Caldwell for further details
Shannon Caldwell 021 879 337 shannon.caldwell@naiharcourtshb.co.nz NAI Harcourts | Harcourts Hastings Licensed Agent REAA 2008. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
FOR LEASE
For Lease Napier South, 7/100 Emerson Street 3rd Floor o ice 66m2 o ice space Located in Napier CBD Available now Available for lease now is this o ice space on the 3rd floor of 100 Emerson St. Conveniently located and close to cafes, restaurants and retail.
Lease Price by Negotiation Approx Floor Area 66sqm
Call today for further info.
Shannon Caldwell 021 879 337 shannon.caldwell@naiharcourtshb.co.nz NAI Harcourts | Harcourts Hastings Licensed Agent REAA 2008. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
FOR LEASE
For Lease Napier South, 17 Carlyle Street Big Space on the city fringe! *429m2 *Car parking *Great profile *Ground floor Available for lease in Carlyle St is this 429m2 ground floor space. What will appeal is the car parking available and profile. The space also lends itself to a wide variety of uses.
Lease Price by Negotiation Approx Floor Area 468sqm
Also comes with amenities including a shower. Close to national brands such as Countdown & Domino's pizza. Call me today for further details.
Shannon Caldwell 021 879 337 shannon.caldwell@naiharcourtshb.co.nz NAI Harcourts | Harcourts Hastings Licensed Agent REAA 2008. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
FOR LEASE
For Lease Taradale, 319 Gloucester Street Character filled space in Taradale 70mr Retail space Great location High ceiling and wooden floors Mezzanine Floor Whether you're a boutique retailer, service provider, or in need of an o ice space, this character-filled property will create a delightful atmosphere that leaves a lasting impression on your customers or clients.
Lease Price by Negotiation Approx Floor Area 70sqm
Approx Land Area 225sqm
Call us today to obtain further information about this stunning space.
Shannon Caldwell 021 879 337 shannon.caldwell@naiharcourtshb.co.nz NAI Harcourts | Harcourts Hastings Licensed Agent REAA 2008. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
FOR LEASE
For Lease Napier South, 116 Vautier Street Big o ice space on city fringe *842m2 *20 plus car parks *69% NBS O erings of this size are rare in the Napier o ice market , especially with 20 or so car parks on o er as well. Made up of 385m2 on the ground floor and 457m2 on the first floor, the space is made up with a mix of separate o ices, boardrooms, reception and storage rooms. There is also a lovely covered deck which would get well used in the hot Hawkes Bay summer.
Lease Price by Negotiation Approx Floor Area 842sqm
Approx Land Area 1,209sqm
Whilst the current space is a little dated, the landlord is prepared to work with a new tenant to modernise and configure to their requirements. Call Shannon today to discuss further or arrange inspection
Shannon Caldwell 021 879 337 shannon.caldwell@naiharcourtshb.co.nz NAI Harcourts | Harcourts Hastings Licensed Agent REAA 2008. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
FOR LEASE
For Lease Onekawa, 1/82 Taradale Road A ordable O ice with Parking O street parking Mixed open plan/o ice layout. Floor area of 314.7m2 High Profile Situated on the fringe of the Onekawa Industrial area with easy access to all major arterial routes. An excellent opportunity to locate your business at an a ordable price point. Inspection is encouraged.
Lease Price by Negotiation Approx Floor Area 317sqm Parking 12
Approx Land Area 2,047sqm
Shannon Caldwell 021 879 337 shannon.caldwell@naiharcourtshb.co.nz NAI Harcourts | Harcourts Hastings Licensed Agent REAA 2008. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
FOR LEASE
For Lease Napier, 57 Dickens Street Food Grade in the mall This space was recently a highly successful sushi business. Its now available for the next person to come in and feed the throng of Napier workers. Rent won't break the bank.
Lease Price by Negotiation
Call today for further info.
Approx Floor Area 12sqm
Shannon Caldwell 021 879 337 shannon.caldwell@naiharcourtshb.co.nz NAI Harcourts | Harcourts Hastings Licensed Agent REAA 2008. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
FOR LEASE
For Lease Hastings Central, 114-116 Heretaunga Street Big Space on o er 630m2 space Roller door at back Hastings CBD location This property comprises approx 630m2 of quality retail or o ice space along with storage and roller door out back. The space is available now and ready for you to move in. Close to other quality national retailers. Call Shannon today for a viewing
Lease Price by Negotiation Approx Floor Area 630sqm Parking 2
Approx Land Area 552sqm
Shannon Caldwell 021 879 337 shannon.caldwell@naiharcourtshb.co.nz NAI Harcourts | Harcourts Hastings Licensed Agent REAA 2008. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
FOR LEASE
For Lease Taradale, 2/347 Gloucester Street Profile plus in Taradale Great retail showroom opposite McDonalds Taradale drive through, what does this mean? It means a large number of eyes on your business all day ...every day! Great parking, 200m2 of showroom and a canopy. Comes with toilet and amenities
Lease Price by Negotiation Approx Floor Area 180sqm
Would suit a wide variety of uses such as car dealership, showroom, retail or service. Your earliest inspection is recommended - call me today!
Shannon Caldwell 021 879 337 shannon.caldwell@naiharcourtshb.co.nz NAI Harcourts | Harcourts Hastings Licensed Agent REAA 2008. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
FOR LEASE
For Lease Marewa, 104-106 Kennedy Road Profile first floor o ice 321m2 80%NBS Amazing corner profile Great on street parking First floor o ice above Marewa Pharmacy on Kennedy Road. This space has possibly the best signage/profile in Napier. This o ice space "wont break the bank" - so we recommend that you call as soon as possible with your enquiry.
Lease Price by Negotiation Approx Floor Area 321sqm
Shannon Caldwell 021 879 337 shannon.caldwell@naiharcourtshb.co.nz NAI Harcourts | Harcourts Hastings Licensed Agent REAA 2008. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
FOR LEASE
For Lease Hastings City, 100 Heretaunga Street West Quality Hastings CBD O ice 273m2 Central Location Quality space Disabled access Available is this centrally located CBD o ice in Hastings. The space has a modern feel and a mix of separate o ices and a boardroom/training room. If you are looking to make the move in 2023 - then this o ice space with could well be worth a look. Register your interest today.
Lease Price by Negotiation Approx Floor Area 273sqm
Approx Land Area 3,479sqm
Shannon Caldwell 021 879 337 shannon.caldwell@naiharcourtshb.co.nz NAI Harcourts | Harcourts Hastings Licensed Agent REAA 2008. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
FOR LEASE
For Lease Napier, 156 Emerson Street First Floor CBD O ice Space *165m2 *Well presented *CBD location Located on the first floor of the Briasco building is this well presented o ice space. Reception area , two separate o ices and a meeting room - not to mention a lovely balcony for those hot Hawkes Bay summer days.
Lease Price by Negotiation Approx Floor Area 165sqm
Entry is via the service lane o Dalton Street. Call today for further information
Shannon Caldwell 021 879 337 shannon.caldwell@naiharcourtshb.co.nz NAI Harcourts | Harcourts Hastings Licensed Agent REAA 2008. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
A COMMERCIAL FORCE
Hawke’s Bay Regent Realty Ltd. Licensed Agent REAA 2008