Bayleys Real Estate Ltd
Residential
Commercial
Rural
Property Services
News and Editorial
Auctions

Frankton

1 Grasslands Place, Frankton, Hamilton

Watchlist
Share
1,019sqm Land area SQM
575sqm Floor area
8 Offstreet

Home of the popular Lekker Shop


• Long-standing tenant, The Lekker Shop, well known within Hamilton's South African community
• Strong local following and established destination business
• Returning $107,940pa + GST & outgoings
• Corner freehold site with multiple access points
• Diverse building with retail, butchery, warehouse, office and apartment improvements with recent refurbishments/additions.

Positioned on a high-profile corner freehold site on SH1c, this unique investment opportunity offers a property underpinned by a well-known and highly regarded tenant. Home to The Lekker Shop, the property is a recognised destination within Hamilton's South African community, drawing a loyal customer base and benefitting from the tenant's strong local reputation and long-standing presence.

Recent building improvements have been tailored to suit the tenant's business requirements, with additions enhancing the overall functionality and presentation of the property. The versatile layout incorporates retail space, processing and butchery facilities, warehouse storage, office areas and apartment accommodation, creating a substantial and specialised asset with genuine operational depth. Multiple entry and access points further enhance the usability of the site.

Returning $107,940pa + GST & outgoings, this is an attractive investment opportunity for purchasers seeking a proven tenant covenant and a property with strong community connection. Opportunities to acquire assets so closely aligned with an established and loyal customer base are increasingly rare, making this a compelling addition to any investment portfolio.

Auction
(unless sold prior)

1030 Victoria Street, Hamilton

25
Jun

Time2pm
Calander
Calendar
Rebecca Bruce

Rebecca Bruce

Commercial and Industrial Sales and Leasing

Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008
Jordan Metcalfe

Jordan Metcalfe

Commercial and Industrial Sales and Leasing

Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Anchor tenants


Nelcor Limited trading as The Lekkar Shop

Exposure


Profile to busy Kahikatea Drive

Passing income


$107,400pa plus GST & Outgoings

Parking


Excellent onsite parking

Have your questions answered

Our agents are experts on all things in the property market, if you haven't found what you're looking for, please enquire with the listing agent now to have all of your property questions answered.

Request more information

Contact us and have your questions answered.