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50 & 56 Commerce Street, Frankton, Waikato, 0 Bedrooms, 0 Bathrooms, Industrial Buildings

Price by Negotiation

50 & 56 Commerce Street, Frankton, Waikato

835m2
844m2
Industrial BuildingsListed on Mon Feb 20

Frankton Owner Occupiers with Holding Income

- Two income streams from diverse tenants returning $86,609pa net plus GST

- Generous on-site car parking

- Profile site in CBD fringe area of Hamilton on a freehold title

- Front and rear access (rear via Sloper Avenue)

- Favourable seismic rating

- Opportunity for owner occupiers and investors alike

Superbly positioned in the CBD fringe of Hamilton's CBD, providing high exposure. With good access to main arterial routes into the central city and towards the State Highways. Nearby neighbours include Stripes & Signs, Auto Valet & Ming Centre, Jaycar and Mad Soundz to name a few.

This area of Frankton is experiencing a new lease of life, including the emergence of apartment living. Here's your chance to take advantage of that renaissance. The offering of two distinctly different tenancies provides options for owner-occupiers and investors alike. The Listening Post has circa one year to go on its lease with no further rights of renewal. So an opportunity exists to move in or negotiate a new lease. The two level office/showroom area and associated warehouse has been recently refurbished. The dance studio has occupied the site for more than 20 years. The close proximity to the CBD just adds to the attraction of the site. Do your homework early. This will be popular. Call today for a full IM and to arrange an inspection.

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Ref:HCM28488Last update:2024-03-15 15:39:04