51 Killarney Road, Frankton, Hamilton

Affordable essential investment

• Established national brand tenant, Challenge, with five years remaining on their initial term
• Fee simple 1,437sqm (more or less) corner site at the intersection of Killarney Road and Ellis Street
• Returning $83,648pa plus GST and outgoings with assured annual rental growth

Strategically positioned on the corner of Killarney Road and Ellis Street, an area predominantly occupied by industrial showrooms and office developments, Killarney Road is a busy arterial route offering exposure to a high level of passing traffic with ease of access to the Hamilton CBD.

Comprising of a single level petrol station with an extensive frontage across it's 1,437sqm (more or less) fee simple corner site, 51 Killarney Road offers a retail shop, forecourt, canopy and workshop with a refurbishment having been completed in 2016.

Returning $83,648pa plus GST and outgoings with five years remaining on their initial term, investors can take comfort in the assured rental growth and strategic positioning 51 Killarney Road offers. An affordable investment for astute investors.

For further information, contact the SOLE agents today

Tony Chaudhary
021 995 121
tony.chaudhary@bayleys.co.nz

Amy Weng
021 177 3422
amy.weng@bayleys.co.nz

Jordan Metcalfe
021 0847 8920
jordan.metcalfe@bayleys.co.nz