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• Modern large-scale multi-use industrial building
• Market-leading national tenant in growth industry
• Eight (8) year lease with annual built-in rental growth
A true A Grade industrial investment with a strong national tenant. This large multi-use modern building built in 2017 is made up of a large open span warehouse, high-grade offices and board room and is surrounded by a fully fenced secure yard.
The large open-span high stud warehouse and office of some 2707sqm (more or less) is low maintenance and well set up with double roller doors on each side for easy access on all sides of the building opening to the full concrete drive-around yard on the 1.38ha (more or less) freehold site.
A new eight (8) year lease to national tenant PIL Group Limited returning $376,340 per annum plus GST and outgoings is complete with fixed annual rental growth, securing your future investment.
The excess land is currently used for storage and parking, this land is surplus to requirements, offering an opportunity for an owner occupier or developer. The vendor will take a short-term lease on the vacant land at market rates, estimated to be $120,000 plus gst per annum.
This immaculate property is ideally situated within the golden triangle and with ease of access to Auckland and Tauranga is well-positioned to capitalise on the fast-growing Hamilton City.
Buildings and industrial land of this calibre are extremely rare. Don't miss your opportunity to secure your industrial investment today.
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.09 km | 3 | 1 | -m2 | 2024年03月13日 | $476,000 | Council approved | |
 | 0.29 km | 4 | 1 | -m2 | 2024年02月13日 | $475,000 | Council approved | |
0.25 km | 3 | 1 | 137m2 | 2024年02月01日 | $655,000 | Council approved | ||
 | 0.22 km | 3 | 1 | -m2 | 2023年12月22日 | $477,500 | Council approved | |
0.51 km | 3 | 175m2 | 2023年12月22日 | $825,000 | Council approved |