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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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Listing # 67033004 | Listed on 25 February 2025

Great Frankton Industrial Investment

Two units on separate unit titles featuring two leases to one long term entity. 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. Bricks and Mortar are always a sound Investment, combined with a long term tenant, and returns better than Bank Rate - make for a sound Investment.

Dual front and rear door access to the units which provides for ease of access. Favourable Earthquake report now available.


A combined income of $65,905.50 net pa + outgoings and GST.

Unit 3 returning $30,740 and Unit 4 - $35,165.50 net per annum + outgoings and GST each.


These investment units are For Sale - Motivated Vendors seek offers around $1,150,000 + GST if any.

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



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

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