Live & Work or Develop
56, Sunshine Avenue, Te Rapa, Hamilton
- Proposed Usage
- Development Site
- Floor Area
- 160.00 m²
- Land Area
- 1012.00 m²
- Auction Date
- 11:00 - Dec 06, 2018
- Property ID
- Prime Te Rapa location with huge potential
- Unique opportunity, industrial zone with existing residential use rights
- Appealing industrial site of 1,012m2 (more or less) of land
- This property is for sale inclusive of GST
Located in the heart of Te Rapa's tightly-held industrial area, this property has sat almost untouched as a residential home plus warehouse as the industrial landscape has grown up around it. This has provided the current owners with a unique live and work set up. Enjoying existing residential usage rights, there is opportunity to enjoy the property as is, or develop to suit your requirements.
At 1,012m2 (more or less) of land, this is a rare opportunity to secure a property in an in-demand area that rarely sees sites of this nature come to market.
Te Rapa as a whole continues to see strong growth and high occupier-demand, with industrial rents increasing over the past 12 months. This demand is expected to continue over the next couple of years with further population growth and improved freight flows.
Opportunities like this don't come along every day, so if you'd like more information, please don't hesitate to get in touch..