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Frankton

Ground Level 7A Edgar Street, Frankton, Hamilton

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500sqm Floor area

Sizeable asset provides bang for your buck!


Looking for a better return investment.

Embedded tenant has been operating a childcare facility leased to a long-term tenant near conveniently located near a main arterial route providing access to the City, the Frankton business district and Te Rapa.

Ideal first investment on-site parking.
This is a versatile building with large open space.
The tenants lease started in 2015.
With three yearly rights of renewal extending to October 2030.
Currently Returning: $46,300.80 pa + GST
Asking $780,000 plus GST (if any).

Call Darren Anderson on 021 933 570 for your appointment to view.

Asking Price NZ$780,000 + GST (if any)
Darren Anderson

Darren Anderson

Commercial Sales and Leasing

Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Lease


Embedded tenant has been operating a Childcare facility leased to a long-term tenant near. The tenants lease started in 2015. With three yearly rights of renewal extending to October 2030.

Parking


Ideal first investment On-site parking. This is a versatile building with large open space.

Minimum investment


Asking $780,000 plus GST (if any).

Opportunity


Looking for a better return investment. Currently Returning: $46,300.80 pa + GST

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