70 Foreman Road, Hamilton North, Hamilton

Large Freehold land and Buildings in City Limits

- 3.3ha site on three titles
- Over 7,000sqm of various buildings
- Holding income of $350,000 + GST for minimun 18 months
- Purchase for a fraction of replacement cost

Great owner occupier opportunity or development opportunity to split up and release. Fairfax Media's large freehold land and buildings, is in three titles and within the city limits. It is zoned industrial which provides a wide range of activities including transport depots with storage. There is a large total office area of 2,245sqm that is well equipped with air conditioning heat pumps. Main warehouse of 2,109sqm has a seven meter stud with a canopy of 256sqm. Potential to add value through boundary adjustments. Easy acess for trucks and is surrounded by quality neighbours including Fonterra, SCA, Linfox, GEA and Sealed Air.
Fairfax Media Ltd management have indicated that there will be a requirement to maintain their operation on a large portion of the site for a period after the settlement of the sale of the property. Phone for further information.