Offlined
- Multi tenanted industrial investment, WALT 4 years + 7 months
- Currently returning $308,000pa plus GST & Outgoings
- 3,500m2 approx. of industrial building in central Frankton
- Fully sealed yard with parking
- Land area of 5,761m2 more or less
- Strong established tenants in prime location
Located at the southern end of Ellis Street, close to the intersections of Peregrine Place and Duke Street. This site is close to the bypass routes of State Highway 1 (via Duke Street) and into Hamilton CBD (via Killarney Road). Nearby businesses include Beaut Utes, Fletcher Steel/Diamond Roofing, Global Metal Solutions, National Storage New Zealand and Modern Transport Construction to mention a few.
This large industrial property is a multi-tenanted investment opportunity offering a variety of tenancy terms and mix. Situated on the Ellis Street ROW, this property is close to a number of heavy industrial users and manufacturers. With the industrial vacancy rate at an all-time low, coupled with the high rate of unsatisfied industrial demand from potential investors this property is worth considering. This property is suitable for family trusts, property funds and investment groups. Act quickly and call today to arrange your inspection.