62 King Street, Frankton
Hamilton City

ID#450519
Listed 3 months ago

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Property Details

Location:
Hamilton City
Waikato

Building
Land
Built In
390 m²
(4196 sq.ft.)
N/A

Passive income - National tenant

• Freehold corner site in popular light industrial area

• Currently returning $51,500pa + GST & outgoings

• Excellent seismic rating, 100% NBS

Situated on the corner of King Street and High Street in Frankton, the 650sqm (more or less) property features a modern industrial warehouse/workshop building with two levels of offices/amenities and parking for approximately 10 cars.

The tenant is a long established national manufacturer and supplier of Pneumatic equipment and tools. Leased at $51,500 pa (plus GST and outgoings)

Set in the popular light industrial area of Frankton, in west Hamilton, 62 King Street is near the Frankton Shopping Village and surrounding developments includes the bulk of Hamilton's light industrial/trade supplies.

The building has an excellent seismic rating of A+, 100%+ NBS.

King Street is in the high demand trades area of the inner Hamilton City precinct, and well represented with essential trades close by like, tiles, building supplies, automotive repairs, industrial fabricators and more.

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Sales Consultants

Mike Swanson


Bayleys Hamilton - Success Realty
Licensed Real Estate Salesperson (REAA 2008)
Member of the REINZ
Phone: +64 7 834 3829
Mobile: +64 27 249 3791
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http://www.bayleys.co.nz

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021 1417 255
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