63 Kent Street, Frankton, Hamilton City, Waikato

63 Kent Street, Frankton, Hamilton City, Waikato Project potential - occupy, add-value, redevelop?

- 780sqm (approx.) floor area across two levels, including ground floor retail and first floor office space

- Returning $96,456pa plus GST from 5 tenants, with additional space ready to be let

- 692sqm (more or less) freehold title

- Ample parking at the rear of the property

- Deemed earthquake prone, but with option for vendor to strengthen pre-settlement

- Ideal opportunity to occupy the vacant space for your own business, invest and add-value or hold for a future project

63 Kent Street offers everything you could want from an add-value property, including Freehold title, rear parking area, plus ground floor retail/showroom and upstairs office space.

With 780sqm (approx.) of floor area and five tenants currently returning $96,456pa plus GST, this is an ideal project property or just sit back and enjoy the income. And with some space available on the first floor, an owner-occupier may locate their business here.

A key feature of this property is its ample parking area that is becoming increasingly difficult to find.

Centrally located with easy access to main arterial routes, the property is also within walking distance to many hospitality offerings and shops. A new development is underway just across the road which will feature 75 apartments and 26 retail offerings, this development known as Rawhiti Village has already completed stage 1 and stage 2 is currently underway.

The property is deemed earthquake prone however the Vendor is open to offers in which they strengthen the building prior to settlement.

With add-value opportunities increasingly hard to find, 63 Kent Street is a property ready and waiting for a new owners vision. Could this be your chance to secure a commercial property that's rarely available in the current market?

Vaccine pass will be required for inspections of this property.