NAI Harcourts and CBRE are pleased to present to the market for sale, the Anglesea Tower at 218 Anglesea Street, Hamilton.
The Anglesea Tower has been a landmark of Hamilton's skyline since 1987. The property draws significant holding income from a New Zealand government tenant and is well placed for a value-add refurbishment or conversion. A variety of amenities, seamless accessibility, and
breathtaking views: the Anglesea Tower offers all of the advantages of a prime location in the heart of Hamilton's CBD.
Investment Highlights:
- Holding income of $385,855pa (plus GST) until 31 October 2024
- NLA of 5,742sqm with large regular-shaped floor plate of 957sqm
- 43 on-site car parks
- Entire tower vacant from 31 October 2024 and ready for refurbishment
- Excellent opportunity for change-of-use (i.e. Build-to-rent, hotel or apartment conversion)
- All floors afford great natural light and views from upper levels
- In-demand location adjoining the new Union Square development
For Sale by Deadline Private Treaty closing Thursday 21 September 2023 at 4pm NZST (unless sold prior).
Contact the sole agents:
Warren Hutt
CBRE
Senior Director
+64 27 562 2244
Mike Neale
NAI Harcourts
Managing Director
+64 27 451 5133