High profile investment - national tenant

1/244, Tristram Street, Hamilton City Central, Hamilton

Auction

Proposed Usage
Retail
Description:
Property ID
1c5pfj7

-High profile corner in CBD fringe location
-National tenant, NZ Uniforms, returning $98,000pa plus GST net
-'A' Grade Seismic rating

This solid commercial building is right in the public eye. Prominently positioned on the corner of Rostrevor and Tristram Streets, it not only enjoys an inner city location, Tristram Street is a main thoroughfare for traversing from one end of the CBD to the other. The building is tenanted by NZ Uniforms, a reputable nationwide company, and returns $98,000pa plus GST and outgoings.

This unit title property spans a floor area of approximately 437sqm, comprising a mix of showroom and warehouse space. It has excellent accessibility via two road entrances and 10 car parks at the rear.

As the old adage of "Location, Location, Location" rings through even more emphatically for commercial property, investors can rest easy knowing they have chosen well in terms of site, visibility and traffic. Featuring 80% NBS - 'A' Grade Seismic rating, this tidy and well-presented property is easy to manage with NZ Uniforms on a six (6) year lease with next renewal date in 2023.

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Hamilton City Central Area