![]() Asset Class: | Multi-Tenanted |
![]() Price: | $ 5088266 |
![]() Net Yield: | 7.50 % |
![]() Net Yield - including solar strategy: | % |
![]() Property Market Status: | On Market |
<p style="padding-left:0px;"><span style="color:rgb(68, 65, 61);font-weight:normal;">This is a rare chance to secure a premium investment in the heart of Te Rapa, backed by established national tenants, Resene Paints, Robert Harris and SBA.</span></p><br><p style="padding-left:0px;"><span style="color:rgb(68, 65, 61);font-weight:normal;">A combined annual income of $381,620pa net + GST, matched with strong long-term lease commitments creates security across your investment and paves the way for ongoing growth.</span></p><br><p style="padding-left:0px;"><span style="color:rgb(68, 65, 61);font-weight:normal;">Located in the heart of the ‘Golden Triangle’ between Auckland, Hamilton and Tauranga, this property offers a prime opportunity in an A Grade location. An abundance of daily drive-by traffic on a main arterial route out of Hamilton alongside visibility from the major nearby roundabout will ensure maximum customer reach. Being on the northern side of the city, the property is perfectly positioned to capture the growth between Hamilton and Auckland.</span></p><br><p style="padding-left:0px;"><span style="color:rgb(68, 65, 61);font-weight:normal;">A high-quality finish and style create appeal for this location and position the property well as a stand-out on the tightly held strip of Te Rapa.</span></p><br><p style="padding-left:0px;"><span style="color:rgb(68, 65, 61);font-weight:normal;">The property offers ample onsite parking with 46 dedicated carparks and direct access from both Te Rapa Road and Sheffield Street, ensuring high visibility and convenience.</span></p><br><p style="padding-left:0px;"><span style="color:rgb(68, 65, 61);font-weight:normal;">This is a premium tenanted investment in a sought-after location.</span></p>
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Strategically positioned in one of Hamilton’s most sought-after commercial and industrial hubs, 601 & 603 Te Rapa Road presents an exceptional tenanted investment opportunity in a sought-after location.<br>Te Rapa is a mixed light industrial, large scale retail area to the north of central Hamilton. Zoned Industrial, it is an area of high growth and historically low vacancy. Popular with a range of businesses due to the high exposure to traffic on Te Rapa Road and easy access from all areas of the city. Near neighbors include Bunnings, PB Tech, Hunting and Fishing, to name a few.<br><br><b>Key Features:</b><br><i>Motorways Nearby </i>- Easy access to State Highway 1C from access to the Greater Waikato and Golden Triangle.<br><i>Prime frontage </i>- Prominent, high-profile position on a busy arterial route.<br><i>Local Amenities</i> - Short drive to Te Awa and the base which has an abundance of local amenities. Medical centre just down the road and walking distance to the local supermarket.
Additional Location Information File<b>Resene:</b><br>Since its inception in 1946, the Resene Group has forged an enviable reputation of excellence and quality in manufacturing products designed to meet the demanding standards of its customers. Today, that reputation is the cornerstone of the company’s continued success.<br><br>From its introduction of waterborne paint to a market starved of quality products in the 1950s, the Resene Group has developed a range of paint and specialist coating products for residential and commercial buildings, marine, heavy industrial and automotive use.<br><br>From cladding to ceilings, marine to machinery, automotive to architectural, industrial to interior, engineered to exterior, the Resene Group has a coatings solution to suit your project. Resene Group companies can collaborate and provide a complete solution for your project, bringing in expertise from other Resene Group companies so you can save time bringing together systems and specifications and be more confident that the specifications seamlessly cover the project requirements from top to bottom, inside and out.<br><br>Enjoy the Resene Group difference on your projects with the knowledge you’ll receive quality finishes, quality knowledge and quality support. <br><br><b>Focus Cleaning Limited T/A Robert Harris Café:</b><br>For over seven decades, Robert Harris has been the ultimate go-to for exceptional coffee in New Zealand! Yep, you heard it right – we've been brewing up magic right here, locally, with a whole lot of Kiwi pride. From day one, our passion has been roasting the perfect beans. We've spent over 70 years perfecting our craft, tweaking and refining until we've reached coffee nirvana. And let me tell you, we've become real masters of the trade, famous for our top-notch quality and unwavering consistency. So, if you're craving a coffee experience like no other, you've come to the right place!<br><br><b>Greenlight Insurance Brokers:</b><br>The appropriate insurance for homes and businesses across Hamilton<br><ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Specialist insurance for the farming and transport industries</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Home and contents insurance to protect what you love</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Tailored insurance for business owners</span></p></li></ul><br><b>SBA Hamilton:</b><br>SBA Small Business Accounting Hamilton, your local accounting experts. We provide business owners and property investors with affordable expert accounting services.<br><br>Dennis and the team know all about the stresses and demands that small business owners go through and are passionate about helping their clients. Dennis’s passion is helping existing business owners and start-ups develop a successful and tangible asset for their future. As a small business owner himself he has walked in your shoes and provides advice and support based on experience. <br><br>The friendly team at SBA Hamilton works with businesses of all sizes and has experience and expertise with a wide range of industries. Whether you’re a startup or an established business, we’re here to help. We offer a broad range of accounting services tailored to your needs including bookkeeping, GST, end-of-year financials, tax planning, cash flow planning, and more.
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<span style="color:rgb(68, 65, 61);"><b>Huge NLA - </b></span><span style="color:rgb(68, 65, 61);font-weight:normal;">1,534 sqm across the 11 Tenanc</span>ies returning $381,620 Net + GST & OPEX<br><b>Sought After Te Rapa location</b> - Featuring a mix of retail, trade retail and office<br><span style="color:rgb(68, 65, 61);"><b>Prime Visibility</b></span><span style="color:rgb(68, 65, 61);font-weight:normal;"> -The property benefits from a high-traffic location with over 30,000 vehicles passing daily.</span><br><span style="color:rgb(68, 65, 61);"><b>Split Risk Opportunity</b></span><span style="color:rgb(68, 65, 61);font-weight:normal;"> - This multi-tenanted property provides a balanced and secure investment, reducing exposure to single-tenant dependency.</span><br><span style="color:rgb(68, 65, 61);"><b>Solid Seismic Rating</b></span><span style="color:rgb(68, 65, 61);font-weight:normal;"> - Boasting a 70% NBS seismic rating, ensuring structural integrity and compliance with modern safety standards.</span>