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Listed 4 months ago

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ID#470971

1 Grasslands Place,

Frankton

Hamilton
Private Treaty Sale
0
0
420
1,019
* 420m²=4,521 sq.ft.   1,019m²=10,968 sq.ft. (0.1 Ha)

Room for improvement, development and income

• Prime position on Kahikatea Drive

• Development Potential

• Holding Income

• 15 carparks

Ripe for development either utilizing the prime position and existing building or potentially a new build on the 1,109sqm (more or less) corner section.

Situated on a prominent busy corner with huge traffic flow, 30,000+ vehicles pass by daily creating great opportunities.

Currently tenanted and leased at $39,100 pa + GST and outgoings, with potential to improve the rental with further market rental increases.

Keywords

Property Type

  • Investment

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Agent

Alex Ten Hove

Success Realty Ltd MREINZ

Licensed Real Estate Salesperson (REA 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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This property was photographed by

Debbie Moore

Waikato

CAA Part 102 Certified
ID#470971

1 Grasslands Place,

Frankton

Hamilton
Private Treaty Sale
proudly marketed by
Alex Ten Hove
Success Realty Ltd MREINZ
Alex
+64 27 592 4817
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