Multi-Tenanted | $5,200,000 | Net Yield: 7.07% | NZ
This premium tenanted investment presents a rare opportunity to secure strong, diversified income in the heart of Te Rapa - one of Hamilton’s most tightly held and high-performing commercial precincts.
The property is underpinned by a high-quality national tenant mix, delivering a combined net income of $381,620 p.a. + GST supported by long-term lease commitments. This tenancy profile provides income security while positioning the asset for ongoing rental growth.
Strategically located within the ‘Golden Triangle’ between Auckland, Hamilton and Tauranga, the property benefits from exceptional exposure along a major arterial route out of Hamilton, with strong daily drive-by traffic and prominent visibility from a nearby roundabout. Positioned on the northern growth corridor, the asset is ideally placed to capture ongoing population and economic expansion between Hamilton and Auckland.
The building presents with a high-quality finish and strong street presence, standing out within the tightly held Te Rapa strip. Ample onsite parking, with 46 dedicated car parks and dual access from both Te Rapa Road and Sheffield Street, further enhances accessibility and tenant appeal.
With blue-chip tenants, strong income and a prime growth location, this is a well-balanced commercial investment offering long-term security and enduring appeal.
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