- Prime location on Hamilton's main street in a CBD fringe location
- Long-standing tenant in place returning $47,058pa plus GST net
- Excellent on-site parking, including basement car parks
- 90% NBS seismic rating
First-time investors venturing into commercial real estate will find the perfect investment opportunity at the north-end of Hamilton's CBD. This superb entry-level investment, or astute portfolio addition, is tenanted by an established dental practice and returns $47,058pa plus GST and outgoings. Other professional businesses, including lawyers, architects and NZME, are in the immediate vicinity. There is limited to no vacancy in the area.
The prominently-positioned building comprises a floor area of approximately 178sqm, has on-site parking and a strong public profile. Victoria Street is Hamilton's premier street and the commercial sector gravitates to the north end. Northmall Shopping Centre, cafes and gyms feature in the area, and the proximity to river walks is a bonus.
As with any investment, location is key. This, together with a stable tenant and solid return, makes attractive buying and will boost the confidence, and be extremely rewarding, to a first-time commercial investor.
LIM, Seismic Report and Lease Information available upon request.
Don't hesitate! Call Rebecca or David today to discuss this opportunity further.