Prime industrial investment opportunity
10-12, Wickham Street, Frankton, Hamilton
- Proposed Usage
- Development Site
- Floor Area
- 2359.00 m²
- Property ID
Asking price plus GST (if any).
Auction at 11am, Thursday 8 March 2017 at Bayleys, 96 Ulster Street, Hamilton (unless sold prior)
- Five year lease from 1 April 2015 with one right of renewal (five years)
- Returning $180,530pa + GST
- Freehold site of 5,273sqm (more or less) with room for expansion
- 2,360sqm (more or less) of office/warehouse
Centrally located and less than 1 kilometre from State Highway 1, the property is occupied by a very successful business involved in the drainage and infrastructure industry, with three branches nationwide.
This property will appeal to passive investors with a long term view looking to add value in the future.