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ID#533555
83 Forest Lake Road,
Maeroa
Hamilton
Deadline Marketing
*
proudly marketed by
BRAND NEW BUILDING + BRAND NEW 12 YEAR LEASE
Colliers is proud to exclusively present 83 Forest Lake Road, Hamilton to the market for sale by Deadline Private Treaty Closing 4pm Wednesday 11 May 2022 (unless sold prior).
The established Childcare centre is undergoing a complete state of the art rebuild to accommodate both current and future demand.
Long standing tenant Creators Educational Trust have committed to a brand new 12 year lease at an initial annual rental of $183,000 + GST.
The freehold property is situated on a high profile corner site in one of Hamilton's highly populated and growing suburbs.
This is an outstanding opportunity to acquire an A grade investment which features the core fundamentals astute investors seek in commercial property.
For further information contact exclusive marketing agents Alan Pracy, Justin Oliver or David Palmer
Features:
New 12-year lease with further rights of renewal
Rental $183,000p.a + GST + Outgoings
Established childcare centre undergoing full rebuild
CPI & Market Rent reviews
Tightly held suburban location
Build completion date scheduled for November 2022
Location
Agents
Justin Oliver
Colliers
Licensed Real Estate Salesperson (REAA 2008), Member of the REINZ
Since joining Colliers International in 2011 Justin has concluded a significant number of successful transactions on behalf of landlords, tenants, vendors and developers across local, national and international markets.
Such transactions involving: Westpac Bank, Noel Leeming Group, House of Travel, Kmart, IHC Corporation, The Warehouse Group, APN Media, Carson Law, Fletcher Building, Ministry of Education, Public Trust, BNZ Bank, Stark Property, Prime Property Group and Tainui Group Holdings.
Accomplishments
Notable Transactions:
• 690 Victoria Street, Hamilton $4,100,000
• 130 Grantham Street, Hamilton $2,550,000
• Ulster Street, Hamilton 4 Units $4,650,000
• 150 Grantham St Hamilton $2,500,000
• 75 Snell Street Morrinsville $4,255,000
• 411 Victoria Street, Hamilton $1,865,000
• 416 Anglesea Street, Hamilton $1,490,000
• 44 Bryce St Hamilton $2,380,000
• 6 Marlborough Place Hamilton $1,500,000
• 6 Avalon Drive Hamilton $1,750,000
• Leases for: Westpac Bank, The Warehouse Group, Fletcher Construction, Ministry of Education, Public Trust, APN Media, Coles Group NZ, IHC Corporation.
In 2015 Justin was recognized in Colliers Internationals top performing Brokers Club.
read moreWendy Simpson
Colliers
Licensed Real Estate Salesperson (REAA 2008), Member of the REINZ
This property was photographed by
Paula Smith
Waikato
CAA Part 102 Certified
ID#533555
83 Forest Lake Road,
Maeroa
Hamilton
Deadline Marketing
proudly marketed by