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Te Rapa

388-390 Wairere Drive, Te Rapa, Hamilton

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1,647sqm Floor area
3,538sqm Land area SQM

Asking Price NZ$4,650,000 + GST

 (if any)

Opportunity that cannot be missed!


• Occupy, invest, or add-value/develop the underutilised site
• Massive profile to Wairere Drive
• Currently returning $279,137pa plus GST net with potential upside
• Freehold, land area of 3,538sqm (more or less)
• Mixture of modern office and industrial style buildings
• Huge quantity of onsite car parks
• Easy access to main arterial routes and the Waikato Expressway

Positioned opposite The Base shopping centre in Te Rapa, this property offers all the fundamentals for success, including massive profile to busy Wairere Drive, potential for future expansion/development, excellent on site car parking and good access to main arterial routes and the expressway.

Featuring 3,538sqm (more or less) of industrial zoned land, the property features two high-stud, tilt-slab buildings plus an office building built by Jennian Homes. The site also enjoys a huge number of onsite car parks ensuring a high level of usability.

Currently leased to well-known Waikato tenants Website Angels and Simply Funerals, plus potential to occupy part of the property, there's opportunity here for both owner occupiers and those looking for a solid investment with upside. Developing the site further to maximise the unique location is also a possibility worthwhile looking into.

After years of happy ownership, our vendor has other plans, creating an opportunity for someone new to experience the benefits of this incredible location.

Rebecca Bruce

Rebecca Bruce

Commercial and Industrial Sales and Leasing

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

Jordan Metcalfe

Commercial and Industrial Sales and Leasing

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

Features

Add value


opportunity for potential future expansion

Opportunity


to potentially occupy some of the site

Zoning


Industrial zone

Land area


3,538sqm (more or less) of freehold land

Have your questions answered

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