•Combined land area of 5,302 sqm (more or less)
•High profile corner site
•$1,799,064 plus GST on a triple net lease
A golden opportunity for investors, this iconic building in the centre of Hamilton is an incredible acquisition. Prominently positioned on a high-profile corner site, the eight-level 7,198sqm (more or less) office tower is a CBD landmark. Extensively refurbished, it delivers great peace of mind, a high yield, and a promising future.
Currently leased to Fonterra until September 2026, the upgraded 1980s building generates $1,799,064 per annum in passive income. It occupies 4,184sqm (more or less) of land at 80 London Street, with substantial car parking, and includes the 1,118 sqm (more or less) property nearby at 9-11 Harwood Street, included in the sale.
Keen eyes will see huge potential in this large, central land holding, which can in the future be developed into apartments, a hotel or mixed use. An investor's dream, the property is offered for sale by a motivated, offshore vendor who wants it sold.
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.
Contact us and have your questions answered.