Situated on Hamilton CBD fringe, Business 7 Zone (Frankton Commercial Fringe), this modern office building would suit owner occupiers or investors alike. The property sits on a 789m2 (approx.) freehold land with 5 tenancies (incl. a penthouse) over 3 storeys. Part ground floor is tenanted by established Café with a vacant ground floor tenancy (approx. 118m2) across the hall way of the main entrance. The modern glass and aluminium stairwell leads to the 1st floor tenancy where there are 2 offices both of which are self-contained and ready to occupy. On the second floor of the building, there is an executive penthouse three (3) bedroom (en suite) of approx. 142m2 plus spacious outdoor deck. The property is within a mixture of established professional and trades businesses including Lewis Law, Tabak Business sale, J.A Russell, Ideal electrical, etc. The other side of Seddon Park has been developing rapidly over the last few years e.g. London Central, Parkheaven and newly renovated A grade Adecco building on London street.
Features:
- Total floor area approx. 711.53m², tenanted part approx. café 148.2m²
- Four commercial tenancies (1 occupied and 3 vacant) + a modern penthouse comprised of 3 bedroom (ensuite) plus an office/additional bedroom
- Total potential net return $170,000 pa + GST
- Suits owner occupier or investors
More information: https://www.colliers.co.nz/p-NZL67013901
