Solid passive income, long term lease


28 Lake Road, Frankton, Hamilton

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Solid passive income, long term lease | 28 Lake Road, Frankton, Hamilton | 814049 |      X Close
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Solid passive income, long term lease


Guaranteed income in the longer term, this fantastic opportunity is too good to miss. Operating as a successful Car Wash facility it is leased for 25 years (including rights of renewal) at $77,026.00 ps + GST. Situated on a corner site of 919m2 (more or less) with two excellent road frontages, offering a great profile on a busy Hamilton intersection.

An eye catching design of a high standard, it even includes a dog wash - to make sure everyone is sparkling clean.

Built in CPI rental growth - with all outgoings and maintenance paid by tenant.

Call Alex ten Hove or Mike Swanson to find out more about this outstanding opportunity.

28 Lake Road, Frankton, Hamilton

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