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Frankton

12-14 Charlies Way, Frankton, Hamilton

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2,039sqm Land area SQM
1,488sqm Floor area

Single tenant Industrial


• 6.31% initial yield
• Low-maintenance modern industrial warehouse
• Quality executive office facilities

This highly sought-after industrial investment offers an excellent opportunity for both investors or owner-occupiers.
Featuring a modern, low-maintenance building and an established single tenant, the property delivers strong income along with exceptional simplicity and ease of management. The vendors are offering a new three-year lease at an appraised rental of $252,000 + GST and OPEX, with vacant possession available if preferred.

The industrial sector continues to be one of the most desirable commercial asset classes, supported by consistently low vacancy rates and straightforward operations. This property includes a large high-stud warehouse, gantry crane, and a substantial secure concrete yard — key features that underpin long-term tenant demand and operational viability.
As an added bonus, the site includes a consented auxiliary apartment, providing
excellent additional flexibility. In a market characterised by rising construction costs and high land prices, this established modern facility represents outstanding value compared to new-build alternatives.



Please note: Images may include digital enhancement, virtual staging, or AI-assisted editing

Asking Price NZ$3,995,000 + GST (if any)
Alex ten Hove

Alex ten Hove

Industrial, Commercial and Office Sales and Leasing

Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Luke ten Hove

Luke ten Hove

Commercial and Industrial Sales

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

Features

Location


Frankton industrial location

High stud


High-stud tilt-slab warehouse with 5-ton gantry crane

Amenities


Premium office and reception facilities

Parking


Onsite secure yard

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