An affordable industrial investment, offering a secure tenant and industrial workshop premises.
Positioned within the sought-after Frankton industrial precinct, 19D Lake Road presents an opportunity to secure a low-maintenance industrial investment with a new lease in place.
The tenant has operated from these premises for the past 19 years, a new three-year lease commences on 1 September 2026, returning $26,000 net per annum plus GST and outgoings, and rights of renewal providing future income security.
The property consists of a workshop, and office with service facilities, making it well suited to a range of light industrial, trade supply, warehousing and distribution businesses. Conveniently located just minutes from Frankton Village, Hamilton CBD and the Waikato Expressway, the property benefits from excellent accessibility and strong tenant appeal.
For sale via Deadline Private Treaty closing 20th August at 3pm, unless sold prior.
Features:
- Frankton Mid Sized Unit D
- Approximately 180m2 floor area
- A practical mix of workshop and office
- Close to Frankton Village, the CBD and motorway network
- 2 onsite parks, included in the rent
- Would suit trade supplies, warehousing and distribution, & light industrial manufacturing
More information: https://www.colliers.co.nz/p-NZL67041323
