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Sound investment in Frankton dual tenancies

3,4/7 Newton Place, Frankton

Industrial Buildings
dollar

Negotiation

Floor area
573m2
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Map

Property details

Listing # 67033004 | Listed on 25 February

Great investment Industrial units

located in the heart of Frankton South.

Two units on separate unit titles featuring two leases to one entity.

Favourable Earthquake report now available

Situated in a complex of 7 units, these units have been the home of Waikato Wardrobes for a number of years and provide them with ample warehouse, mezzanine, offices and showroom space.

Dual front and rear door access to the units which provides for drive through access.

These two units are currently returning $62,175 net pa + outgoings and GST. From 1 November 2025 this will increase to $65,905.50 net pa + outgoings and GST

With the latest OCR announcements, it's a great time to invest in bricks & mortar and these represent good value in the market

These investment units are being offered for sale by negotiation


 

Phone the sole agent Anne-Marie Brown for further details.



More information: https://www.colliers.co.nz/p-NZL67033004

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