Large Frankton transport yard plus income

16, Wickham Street, Frankton, Hamilton

Tender

Proposed Usage
Development Site
Floor Area
1402.00 m²
Land Area
41774.00 m²
Description:
Property ID
1c3ptbg

This expansive four hectare site developed for industrial use is located just 500 metres from State Highway One and the proposed Southern Links roading project - in the Frankton industrial area. The site has been predominantly preloaded and is currently occupied as a large trucking and logistics yard (Les Harrison Transport), offering a shorter term lease to be negotiated. Two other established tenants (XSite and Complete Landscaping Supplies Limited) offer both substantial income and the opportunity to either develop or occupy the site further. Industrial land is in high
demand in this area with limited supply, making this a rare offering at land values well below others in the Hamilton area. (The adjoining property is also offered for sale allowing the opportunity to expand the land holding to over 8ha if the two sites are combined).
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Frankton Area