• 744sqm (approx.) of sought-after industrial land.
• 195sqm (approx.) three bedroom house & 27sqm (approx.) one bedroom accommodation unit with residential usage rights
• Current returning $31,200 per annum.
• Investment or explore development potential
Industrial zoned, the property enjoys residential use rights and has a single tenancy agreement in place for both the three bedroom house as well as the one bedroom unit at the rear of the property. The holding income will provide flexibility for purchasers going forward.
Located in Frankton, a mature suburb tied to Hamilton's origins with a rich history centered on rail. It functions as an important industrial, commercial, and retail node and is strategically located alongside SH1 and key Hamilton roads, ensuring easy access in and around Hamilton and out to the wider Golden Triangle.