Commercial

Double Income - Split Risk

38 The Boulevard, Te Rapa

Industrial Buildings
dollar

$3,300,000 Plus GST (if any)

Floor area
1490m²
Land area
2863m²

Map

Property description

Listing # HCM33347|Listed on 23 July
  • Two Tenants currently returning only $182,000 pa plus GST & Outgoings
  • Built in rental growth plus market reviews
  • Prime corner location with three entrances
  • Versatile industrial facility featuring a high-stud warehouse, designed to accommodate a wide range of industrial, warehousing and distribution operations.
  • Total floor area of 1,490sqm (approx.) on 2,863sqm of land (more or less)

A modern, multi-tenanted industrial investment positioned in the heart of Te Rapa's premier industrial precinct. This quality freehold property has recently undergone significant upgrades to achieve a 100% NBS seismic rating, providing long-term confidence for owners, tenants and investors alike.

Featuring two established tenants, substantial industrial improvements and a prominent Boulevard location, the property offers a compelling combination of diversified income, modern functionality and excellent exposure. A rare opportunity to secure a modern, well-located industrial asset in one of Hamilton's most tightly held commercial markets.

Your notesYour notes
Monarch Commercial Ltd (Licensed: REAA 2008) - NAI Harcourts, Hamilton

Theo de Leeuw

Licensee Salesperson | Monarch Commercial Ltd (Licensed: REAA 2008) - NAI Harcourts, Hamilton
93 active listings
Monarch Commercial Ltd (Licensed: REAA 2008) - NAI Harcourts, Hamilton

Sean Stephens

Monarch Commercial Ltd (Licensed: REAA 2008) - NAI Harcourts, Hamilton
63 active listings

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