This property offers a true legacy opportunity to acquire a premium, bottom-drawer asset. It offers the highly sought after combination of a modern, generic and well thought out building in a premium location. Coupled with regular market rent reviews, an NZSX listed tenant operating in a strong sector, and long-term lease tenure remaining, this is the one.
For sale by Deadline Private Treaty, closing 3.00pm, Wednesday 26 August (unless sold prior).
Features:
* Current net rental of $390,000 p.a. + GST & Outgoings
* 2,294.83m² (approx.) industrial building
* Long-term lease to a quality NZX-listed tenant
* Located in Hamilton's premier Te Rapa industrial precinct
* Eight (8) years to run on current lease