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81 Killarney Road, Frankton, Hamilton

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695sqm Floor area

Established Collision Repairer Anchors Investment


• Long standing tenant - Soanes Collision Repairs been in business for 45 years
• Five (5) year lease in place returning $100,000pa plus GST net
• Ideal addition to a portfolio
• Neighbouring property also for sale, creating a significant landholding opportunity

Positioned in the heart of Frankton, this well-presented industrial property offers investors a secure opportunity underpinned by a proven, long-term tenant. Soanes Collision Repairs has been in business for 45 years, establishing a strong presence and customer base in the automotive repair sector.

The property is leased on a five-year term returning $100,000pa plus GST net, providing investors with an immediate return. With a tenant deeply embedded in the location and industry, the investment is well-placed to deliver consistency and reliability.

Adding further appeal, the neighbouring property is also available for purchase, giving astute investors the rare chance to secure a large landholding in this tightly held Frankton industrial area. This combination of a trusted occupier, long term lease, and strategic location ensures the property stands out as a compelling investment opportunity.

Contact Jordan and Rebecca from Bayleys today to discuss this opportunity.

Asking Price NZ$1,555,000 + GST (if any)
Rebecca Bruce

Rebecca Bruce

Commercial and Industrial Sales and Leasing

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

Jordan Metcalfe

Commercial and Industrial Sales and Leasing

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

Features

Floor area details


695sqm approx.

Lease


Brand new 5 year lease

Location


Central Frankton area

Opportunity


For an industrial investment with long standing tenant

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