Trophy real estate investment
20, Karewa Place, Te Rapa, Hamilton
- Proposed Usage
- Floor Area
- 1700.00 m²
- Land Area
- 3524.00 m²
- Auction Date
- 12:00 - Aug 15, 2019
- Property ID
- Land area 3,524sqm (more or less)
- Floor area 1,700sqm (approximately)
- 55 on-site car parks
- New six (6) year leases
- Two tenants returning in excess of $425,000pa + GST (approx)
20 Karewa Place, Te Rapa is an impressive new fully tenanted investment in an aspirational Te Rapa location, this gilt-edged investment is a trophy asset with long-term rewards. It marries site performance with modern construction to provide a rock-solid commercial investment. The property is built to modern standards utilising this prime land and maximizing the rental opportunity.
Well designed and constructed, and boasting an extensive high quality fit-out, the building offers peace of mind ownership and unparalleled security. Its commanding, easily accessed site is highly visible with nearby neighbours including The Base shopping centre, Countdown, Kmart and surrounded by a mix of large format retail and service businesses, with room for further development in the immediate vicinity.
Based in New Zealand's largest inland city, Hamilton's economy is strong, diverse, flourishing and part of the Golden Triangle of economy and freight with Auckland and Tauranga. The Golden Triangle accounts for two-thirds of all transport and freight in New Zealand.
Going to auction on the 15 August 2019 at 12pm at 96 Ulster Street, Hamilton.