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Listed 12 months ago


Te Rapa

* 1,700m²=18,299 sq.ft. (0.17 Ha)

Trophy real estate investment

- 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.

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Mike Swanson

Success Realty Ltd MREINZ

Licensed Real Estate Salesperson (REAA 2008), Member of the REINZ

As a top performing Commercial Agent and Senior member of the Bayleys Waikato Commercial and Industrial Team, Mike is ready to assist you on your next Commercial or Industrial property venture.

Whether you are considering investment properties, development opportunities, leasing opportunities or advice on market trends and areas/methods of sale, Mike with his many years of experience is well placed to advise. Mike has many repeat clients and extensive connections across and beyond the region.

With his proven success as a negotiator and integrity, Mike is well respected in the industry.

Mike holds a Diploma of Mechanical Engineering.

Key Successes:

- Consistently featuring in Bayleys Commercial Top 20

- Completed individual sales in excess of $11 million

- Numerous business sales

- Investment properties valued from $200,000 to $11 million +

- Over $50 million in sales

Areas of Specialisation:

- Specialises in Commercial and Industrial Sales (including businesses in and around the Region)

- Commerical and Industrial Leasing

- Auction and Tender methods of sale with comprehensive marketing and digital marketing packages to achieve excellent results for clients

- Syndication options

“I know that in real estate rewards come from hard work, commitment, honest communication throughout the whole process and an ability to negotiate a sale intelligently. I am in the industry for the long-term and so developing sound, long-term business relationships with my clients is important.”

To learn more about Mike you can view Mike’s profile on LinkedIn here url:

To subscribe to Mike's monthly Commercial newsletter click here url

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Alex Ten Hove

Success Realty Ltd MREINZ

Licensed Real Estate Salesperson (REAA 2008), Member of the REINZ

Alex has extensive commercial experience in the motor industry including 28 years a dealer principle. He has held directorships with the Motor Trade Association (MTA) with responsibility for over $60M of assets at the time including the ownership of VTNZ and the MTA gift voucher scheme. During his tenure Alex was involved in preparations to float VTNZ, the total rebranding of the organisation and headed the implantation of environmental standards across the association’s 4,000 members.

Alex holds a degree in Law from Waikato University and is enrolled as Barrister and Solicitor of the High Court of New Zealand. He is an experienced negotiator who is able to handle complex issues to get things done.

Alex is an experienced owner and developer of commercial property and has excellent connections in Hamilton, Te Awamutu, the greater Waikato and beyond.

If you are considering buying or investing in a commercial property or leasing commercial premises backed by Bayleys, New Zealand’s largest full service commercial real estate agency Alex is well placed and motivated to assist.

Alex can advise you on the commercial auction and tender methods of sale as well as other methods to obtain the absolute best value for your property and suit your particular needs.

Whether you a looking to buy, sell or lease if you are an investor, developer, owner-occupier, lessor or lessee, if you wish to discuss your situation or needs feel free to call or email Alex anytime.

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Alex Ten Hove
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This property was photographed by

Jason Tregurtha

Waikato South

CAA Part 102 Certified

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