Frankton
66-68 Avalon Drive, Frankton, Hamilton
+19
That's Versatile! Investment - 5 Year Lease
• 5-year lease to Versatile Homes & Buildings
• Returning $75,000 +GST and outgoings per annum
• Built in rental growth
• Two freehold titles totaling 2,023sqm (more or less)
• Zoned Industrial
• Fantastic profile to busy Avalon Drive
Secured by a 5-year lease to Versatile Homes & Buildings, a well-known national operator, this tenanted investment offers a compelling opportunity. The property returns $75,000 + GST and outgoings per annum, with built-in rental growth providing dependable uplift throughout the lease term.
Positioned on two freehold titles totaling 2,023sqm (more or less), the site benefits from Industrial zoning and an excellent, high-visibility position along busy Avalon Drive. The strong profile, combined with the practicality of the site, supports long-term investment confidence.
A straightforward, stable investment with income security, growth, and a prime location.
Contact the sole agents today to discuss.
Jordan Metcalfe
Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Rebecca Bruce
Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Features
Lease term
5 year lease to Versatile Homes & Buildings
Passing income
$75,000pa plus GST and outgoings
Standalone
Two freehold titles
Zoning
Industrial zone
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