MULTI TENANTED TE RAPA INDUSTRIAL

8 Karewa Place, Te Rapa

Industrial For Sale

For Sale by Deadline Private Treaty closing Wednesday, 25 Sep 2019 (Unless sold prior)
Land Area: 2,399.00 m2.    Floor Area: 924.00 m2.    

Description

Located at 8 Karewa Place Hamilton the property provides an exceptional opportunity to purchase a tenanted investment in the most sort after Industrial sector.    

Situated on a 2399 sqm freehold title the modern industrial building is currently occupied by two separate tenants, contributing to a combined annual rental of $112,860 + GST + Opex.

Significant investment in recent years in the immediate vicinity by occupiers such as  Countdown, Kmart and most recently Foodstuffs (Pak n Save - subject to consent) adds unparalleled  upside to the location.

For sale by deadline private treaty closing 4pm Wednesday the 25th of September (unless sold prior)

 For further information contact exclusive marketing agents Alan Pracy or Justin Oliver

Features

  • Annual rental $112,860p.a + GST + OPEX
  • Multi tenanted/split risk
  • Modern Industrial building
  • Freehold title
  • Prime Te Rapa Location
  • A Grade Seismic Rating

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