Established Gym Tenant | 5-Year Lease | Strategic Location
Secure a well-positioned commercial investment in the heart of Frankton, one of Hamilton's most established and accessible commercial precincts. Occupying a prominent site at 47 King Street, this property offers investors a strong income stream backed by a long-term lease in an exceptional location.
Strategically located, minutes from Hamilton CBD. Frankton continues to be a sought-after commercial hub, benefiting from a diverse mix of retail, trade, industrial, and professional service businesses, together with strong public transport links and an extensive surrounding residential catchment.
King Street is a well-established commercial address, benefiting from significant daily traffic flows, proximity to major transport infrastructure, and easy access to retail amenities, services, and public transport.
47 King Street presents an attractive opportunity to secure a well-located commercial investment with strong income fundamentals and long-term appeal.
For further information contact Anne-Marie Brown or Justin Oliver.
Features:
- Strong local catchment and customer accessibility
- Five (5) year lease commencing November 2025
- Annual rental of $45,000 + GST + Outgoings
- Fixed rental growth providing built-in income increases
- Ample onsite parking
More information: https://www.colliers.co.nz/p-NZL67042061