This is an excellent opportunity to secure a sought-after parcel of land in Te Rapa, where holding income via the current tenant provides the security and time to plan and design your new warehouse or workshop, and allows for consenting processes to be obtained via the appropriate authorities.

• Development opportunity available
• Design and build to your specification
• Holding income, $65,000pa plus GST and Outgoings,
• Renewed 2 year lease with option of one further year
• Double gates, fully fenced, providing security
• Well metaled level hardstand with easy truck access
• Easy vehicle movements via traffic lights on and off Te Rapa Rd
• Power and water on site

This is a strong, central and convenient heavy industrial area of Hamilton which will provide for an excellent base in the future.

Less than 450m from Te Rapa Rd, the city's main arterial route providing access to the expressway to the north at Horotiu and Hamilton's CBD to the south. Nearby neighbours include HEB Construction, Interpipe, Ray Staiger, Hamilton Chemicals, Truck Rentals, CAL Isuzu, Keith Andrews Trucks and Voyager Trailers to name a few.

A worthy investment of good landholding with an established tenant in place. Phone now to arrange your inspection of this advantageous offering!

Deadline Sale closing 4pm, Thursday 28 July, 2022 (unless sold prior)