An exceptional opportunity to secure a fully leased hospitality investment with a new 15-year lease in one of Hamilton’s most sought-after suburban commercial precincts.
Positioned within the vibrant Rototuna Village precinct, this high-profile property is occupied by an established Lone Star franchise operator, providing investors with a strong and proven hospitality covenant.
The property comprises approximately 562m² of hospitality space, featuring a spacious open-plan dining area, bar and covered outdoor seating. The property benefits from excellent profile, visibility and accessibility, together with ample shared on-site parking.
A 15-year lease commenced 1 December 2025, provides long-term income security. The property currently returns $186,000 + GST per annum net, with the tenant responsible for all outgoings. The lease also provides built-in rental growth, further enhancing the long-term income profile.
Priced at $2,600,000, the property reflects an attractive 7.15% initial yield, offering investors the opportunity to secure a substantial hospitality asset with long-term income locked in.
The property is surrounded by established amenities including Woolworths, medical centres, schools, cafés and other complementary businesses, supporting strong foot traffic and ongoing tenant demand.
A rare opportunity to acquire a substantial, fully leased hospitality investment with long-term income security in one of Hamilton’s strongest suburban commercial locations.
Features:
- 15-year lease from 1 December 2025
- Established Lone Star franchise operator
- $186,000 + GST net rental income
- 562m² (more or less) hospitality premises
- 7.15% initial yield
- Unit title
- High-profile Rototuna Village location
More information: https://www.colliers.co.nz/p-NZL67035020