•Returning $304,286 Plus GST and outgoings
•2,520 sqm (more or less) Freehold title
•Tilt-Slab Construction, modern fit out
•Sought after Te Rapa location
An outstanding opportunity presents itself at 5 Karewa Place, a modern, multi-tenanted asset located in one of Hamilton's most sought-after industrial and commercial precincts. With a current net annual rental of $304,286 plus GST and outgoings, backed by established tenants, this property offers investors a rare combination of stability, flexibility, and built-in rental growth.
The building features quality construction, modern amenities, and a layout that accommodates multiple tenancies. Tenanted by Para Rubber, Snap Fitness, and Lonrix. These well-established businesses not only provide rental security but also enhance the property's profile and attraction.
Positioned in the thriving Te Rapa location, this purpose-built building is surrounded by national brands, high-performing businesses, and major infrastructure. The site itself is within close proximity to The Base, one of New Zealand's largest retail and commercial centres
Whether you're a seasoned investor seeking portfolio diversification or a commercial buyer looking for a reliable income-generating property, 5 Karewa Place represents a compelling opportunity.
For Sale by Tender, closing 10th July 2025 (unless sold prior).
Don't miss the chance to secure a high-quality, multi-tenanted property in one of Hamilton's most dynamic commercial zones.
Our agents are experts on all things in the property market, if you haven't found what you're looking for, please enquire with the listing agent now to have all of your property questions answered.
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