Waikato Herald

Add value with Josh Smith Bayleys Real Estate

- Josh Smith

What a summer. With record temperatur­es and balmy nights returning to work has been hard although the break has left us feeling fully refreshed and ready to hit 2022 with a bang! We have a great hit out for the start of the year with motivated vendors and a variety of offerings from developmen­t sites, tenanted investment­s, and vacant possession there is something for everyone. This week we will look at developmen­t options. 15 Flora Street in Paeroa offers 6,761 sqm (more or less) of industrial zoned land with access to State Highway 2 nearby and 210 sqm (more or less) buildings ready for owner occupier or to tenant as is. This ex-fuel depot site has had a HAIL report completed and is ready for the new owner to take the next step. Then moving through to

Morrinsvil­le we have 65 Avenue Road which is on the bypass to Hamilton offering a substantia­l site of 1.5287 ha (more or less) bordering the industrial hub of this thriving rural service town. Morrinsvil­le is ideally situated within the “Golden triangle of trade” and a must see for those looking at relocating. Potential to subdivide and with its extensive road frontage the site affords excellent exposure to the frequent vehicles on the bypass. Across to Te Awamutu is 301 Bruce Berquist Drive with a holding income of $60,000 pa +GST/OPEX the 1.2387 ha (more or less) gives the new owner time to plan for developmen­t. Recent new warehousin­g has been completed in the vicinity and this area of town is well known for its industrial tenancies. A quick commute to Hamilton has seen Te Awamutu as a popular option for business relocation and warehousin­g options. 2022 is looking promising in terms of managing covid and disruption from this should be minimal making it the ideal time for change and progress.

Bayleys Hamilton 07 834 3816 | 027 229 8865 josh.smith@bayleys.co.nz

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 ?? SUCCESS REALTY LTD, BAYLEYS, LICENSED UNDER THE REA ACT 2008 ??
SUCCESS REALTY LTD, BAYLEYS, LICENSED UNDER THE REA ACT 2008

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