1 Grasslands Place, Frankton, Hamilton

Passive income and capital growth

• Strategic position
• Returning $39,100 pa +GST
• Prime position on Kahikatea Drive SH1
• 15 car parks with 1,109sqm (more or less) corner section with huge traffic flow, 30,000+ vehicles pass by daily.

Currently tenanted and leased to a popular a South African food processor and retailer till 2022 with further rights of renewal.

Grasslands Place is located approximately 3kms southwest of the city centre in an industrial area.neighbours include The Mad Butcher, Volare, Fish City and Cycle Time.

Grasslands Place is on the southern side of Hamilton city and enjoys excellent access from surrounding areas of Te Awamutu, Waikato Hospital and all major arterial routes including State Highway 1, State Highway 3 and State Highway 39.
Part of the golden triangle with unprecedented growth.

The area has a mixture of light to heavy industrial businesses and includes many Agri based businesses such as Gallaghers , Waikato Tractors, Dairy Blenders NZ Ltd, Milfos GEA and more.