Prime industrial investment opportunity

10-12, Wickham Street, Frankton, Hamilton

Auction

Proposed Usage
Development Site
Floor Area
2359.00 m²
Description:
Property ID
1c1315c

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.

Enquire about this property

Frankton Area