• New 6-year lease to Quinovic Property Management
• Returning $60,000pa +GST and outgoings
• High-profile position on main CBD arterial route
• High density residential zoning with existing office consent
• Future development or repositioning potential
• Good on-site car parking
Positioned prominently on one of Hamilton’s main arterial routes, 361 Ulster Street presents an affordable investment opportunity with potential future upside. The property is leased to Quinovic Property Management on a brand new 6-year lease, reflecting the tenant’s long-term commitment to the site and confidence in the location.
Well known within the residential property management sector, Quinovic enjoys the functionality and exposure the property provides, with convenient on-site car parking and excellent profile to passing traffic entering and exiting the CBD. The property is configured for office use under existing consent, while the underlying high density residential zoning adds an additional layer of flexibility and future potential.
Returning $60,000pa +GST and outgoings, this is an attractive opportunity for investors seeking a well-located asset with secure income and longer-term development or repositioning possibilities. Properties combining holding income, strong tenant commitment and future flexibility remain tightly held in the current market.
