Development opportunity north of Hamilton

438, Onion Road, Te Rapa, Hamilton

Auction

Proposed Usage
Development Site
Description:
Property ID
1c50z7j

Situated within easy reach of Hamilton and North/South motorway link in the fast developing Te Rapa North.
Te Rapa is a mixed light industrial, large scale retail and semi-rural suburb to the northwest of central Hamilton, that is built on a flat area that was previously the bed of an ancient river, the forerunner to the present Waikato River.
You will be in good company with adjacent businesses including Mainfreight, Humes, Porter Group and New Zealand Post and nearby to the developing Ports of Auckland site.
With various associated buildings on site the property provides a holding income of approximately $63,000+ GST p.a. There are a number of options to choose from with this property. You can landbank, develop for your own use or sit and hold and enjoy the income stream.
Retiring vendors want this sold.

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Te Rapa Area