Retiring Syndicate Cashes Out
Colliers have been appointed to market for sale, together or separately, Unit 10, Unit 11 & Associated, 2 Pukete Road, Te Rapa, Hamilton – presenting astute investors with a rare opportunity to secure a complementary, dual tenanted industrial offering in one of Hamilton’s most tightly held growth precincts.
Unit 10 is occupied by Oil Change Kings, providing a specialist automotive service tenancy with strong customer demand and consistent trade driven activity.
Unit 11 is occupied by Advantage Tyre Solutions, a well established operator within the tyre and mechanical servicing sector, further reinforcing the automotive focused tenant mix and underpinning the asset’s functional synergy.
The units form part of a modern, well presented strata titled development, prominently positioned on the corner of Pukete Road and Vickery Street. This high exposure corner site benefits from excellent profile to passing traffic and strong connectivity to the wider Te Rapa industrial and commercial catchment.
Strategically located on a key arterial route, the property sits within a proven and tightly held commercial precinct, surrounded by established national and high performing operators including McDonald’s, Northcare Medical, Z Service Station, and New World Te Rapa. This concentration of major brands further enhances the location’s desirability, traffic generation, and long term investment fundamentals.
For further information or to arrange a viewing, please contact the exclusive agents Justin Oliver or David Palmer.
Justin Oliver, Associate Director | Hamilton on +64 27 565 4837 or at justin.oliver@colliers.com
David Palmer, Associate Director | Hamilton on +64 21 272 9834 or at david.palmer@colliers.com
For sale by Deadline Private Treaty closing Thursday 27th August at 3pm, unless sold prior.
Features:
- Combined rent $101,972p.a + GST + Outgoings
- Oil Change Kings $53,000p.a + GST + Outgoings
- Advantage Tyres $48,972p.a + GST + Outgoings
- High traffic location
- Prime location on major arterial
- Can be purchased together or separately
More information: https://www.colliers.co.nz/p-NZL67040854
