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Te Rapa

16 McKee Street, Te Rapa, Hamilton

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2,471sqm Land area SQM
1,029sqm Floor area

Asking Price NZ$2,900,000 + GST

 (if any)

High occupancy, industrial unit/storage complex


• 25 small industrial/storage units of 40sqm (approx.) each
• Returning circa $190,000pa +GST net
• Majority occupied by small businesses with a track record of long term occupancy
• Units include WiFi, automatic doors and options for mezzanine floors
• Freehold site of 2,471sqm (more or less)

Located in a highly accessible pocket of Te Rapa, this modern facility provides the perfect solution for businesses, with majority of the tenancies being leased by small industrial users, providing long term stability and minimal management.

This well laid out complex enjoys fantastic access, manoeuvrability and parking, and consists of 25 units of 40sqm (approx.) that feature good stud height allowing for mezzanine floors and a width of 4m. There's also 6 containers and an office space, and car parks that provide additional income.

Enjoying modern construction and simple systems including electric gate access, automatic doors and WiFi, the complex is easily managed from anywhere in the country, making this an attractive split risk investment.

Complexes of this style in such a sought-after location are rarely seen on the open market, so don't delay in requesting a full information pack and a private inspection.

Jordan Metcalfe

Jordan Metcalfe


Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Rebecca Bruce

Rebecca Bruce


Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Floor area


1,029sqm approx. according to site plans

Land area


2,471sqm more or less of freehold land

Passing income


Returning circa $190,000pa plus GST net

Zoning


Industrial zone