Industrial investment - dual site buy one or both
36-40 and 32-36, Colombo Street and Ellis Street, Frankton, Hamilton
- Proposed Usage
- Floor Area
- 3353.00 m²
- Land Area
- 6071.00 m²
- Auction Date
- 12:00 - Apr 11, 2019
- Property ID
36-40 Colombo Street, Frankton & 32-36 Ellis Street, Frankton
- Established single tenant investment returning $292,557pa +GST net
- Dual site with two street frontages providing drive through access
- Significant industrial land area of jointly 6,071m2 (more or less)
- Two properties to be sold as one lot, with alternative option to purchase individually if not sold as one
These two adjoining properties provide an ingenious solution for an investor seeking flexible premises with two prominent addresses and one solid tenant. Both buildings have distinct street frontages in central Frankton, the home of Hamilton industry. There is drive-through access between the properties, which collectively offer 3,353m2 (approximately) of floor area and 6,071m2 (more or less) of land.
Easy access to main arterial routes, and close proximity to the CBD, Frankton is a magnet for industrial service-orientated businesses. The tenant is an established engineering business, manufacturing products for the waste industry.
Call today to discuss this industrial investment opportunity..