Listing Description
Listed: Mon, 24 Nov
POWERFUL INVESTMENT - 9.5% Yield
29 Goodfellow Place, Frankton, Hamilton, Waikato
Details
| Attribute | Value |
|---|---|
| Property use | Industrial |
| Property ID# | AAF687 |
| Agency reference | 31PHFA |
| Apply Online | http://www.tmsandbox.co.nz/Browse/Jobs/ApplyOnline.aspx?mode=apply_online&referenceId=3928361&sellerId=0 |
Description
Large (1.3ha) industrial site with 5,730m buildings tenanted by Northpower on long term lease. See more information at http://www.northpower.co.nz. Located approx 2km from the CBD in Hamilton with great access to SH1. Site also has 2 cell sites (2 Degrees and Vodafone) on extended leases. Total Net annual income for the site is approx. $315,000 + GST. Yield at asking price of $3.3 million is 9.5%. For further information or to view please contact Nick Taylor 021 399 810
