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Hamilton Central

28A Alexandra Street, Hamilton Central, Hamilton

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440sqm Floor area

A Yield to Dance About


• 12-year lease commenced April 2022
• Established, well respected tenant
• Positioned between Regional Theatre and Union Square
• Returning $88,000 +GST net per annum
• High yield asset in high growth location

This fully leased commercial investment offers an outstanding opportunity to secure a proven income stream in a sought-after location. Returning $88,000 + GST net per annum, the property is underpinned by a 12-year lease, with close to 8-years left to run, to an established tenant providing long-term security for investors.

The property is currently utilised as an extension of a popular night club, and an events/function venue.

Comprising approximately 440sqm of floor area, the property combines strong cash flow with the benefits of a high-growth precinct undergoing revitalisation. With a compelling yield and dependable tenancy in place, this is an investment that delivers both immediate income and potential future upside.

This is no test of the market—our vendors have another use for the capital and are committed to selling.

For Sale NZ$1,035,000 + GST (if any)
Jordan Metcalfe

Jordan Metcalfe

Commercial and Industrial Sales and Leasing

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

Rebecca Bruce

Commercial and Industrial Sales and Leasing

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

Features

Location


Positioned between Regional Theatre and Union Square in the hospitality hub

Passing income


Returning $88,000 +GST net per annum

Anchor tenants


Long standing hospitality operator

Lease


12-year lease from April 2022 

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