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Te Rapa

5 Barnett Place, Te Rapa, Hamilton

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5,924sqm Land area SQM
2,770sqm Floor area

Modern, high-stud industrial


An exceptional opportunity to secure a modern, high-stud industrial property in the tightly held Te Rapa industrial precinct. Fully leased to two quality tenants, this asset offers a strong holding income and long-term value in one of Hamilton's most desirable industrial locations.

Fully leased to two tenants with a total rental income of $396,708 + GST + outgoings p.a. The building has a functional layout including, Dual roller door access, Large canopy for all-weather operations, office and amenities and a Generous concrete yard and onsite car parking.
Located in the northern Te Rapa industrial hub, with excellent access to Te Rapa Road and the Waikato Expressway.

This property presents a rare chance to acquire a passive investment in a high-demand location, with strong tenant covenant and future upside.

For Sale by Negotiation
Luke ten Hove

Luke ten Hove


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

Alex ten Hove


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

Features

High stud


Modern high stud building.

Location


Located in sought after Te Rapa.

Occupancy


Multi tenanted Investment, returning a total of $396,708pa + GST + outgoings.

Parking


On site car parks with large useable yard.