Under liquidator instructions: prime industrial property offered
Sale details
Situated at 182 Ellis Street, Hamilton, this industrial property presents a unique opportunity under liquidators' instructions within the busy hub of Frankton.
With a low vacancy rate in the area, this site holds promising potential for business ventures. Its strategic location offers easy access from SH1 (Hamilton’s western by-pass) and is just a brief five-minute drive to Hamilton’s CBD.
Surrounded by numerous thriving businesses including CMA Recycling, Store it 4U, Parts World, and Diamond Industries, the property enjoys a vibrant commercial environment. Zoned for light industrial use under the Hamilton City Council Operative District Plan, it has been consented for Funeral Services since 2015.
Key features of this freehold property include its versatility, catering to a range of commercial and light industrial activities.
With a land area spanning 721 sqm (more or less) and a generous floor area of approximately 460 sqm, the property provides ample space for various business operations.
Its vacant possession status further adds to its allure, offering flexibility for both owner-occupiers and investors.
Jonathan de Leeuw, the marketing agent from NAI Harcourts, highlights, “Offered with vacant possession, its proximity to local amenities and main transport routes adds to its desirability. Frankton remains a sought-after location for industrial properties, making this opportunity particularly attractive.”
182 Ellis Street is offered for auction at 11am on Wednesday, March 20, 2024, unless sold prior. Alongside this offering, an array of properties will also go under the hammer on the same day, encompassing investments, owner-occupier opportunities, and development land.
One such property, 134 Gordonton Road, Hamilton, boasts a large “future urban” block of land spanning approximately 9,708 sqm, featuring an existing fourbedroom house for a holding income.
Positioned within the Waikato District,
Location: 182 Ellis Street, Hamilton
Land area: Freehold 721sqm (more or less)
Floor area: 460sqm (approximately)
Auction: 11am, 20th March 2024, 678 Victoria Street, Hamilton (unless sold prior)
Web: https://nai.harcourts.net/nz/ office/nai-hamilton-commercial/listing/ l24785626-182-ellis-street-franktonnz-3204
Agents:
Jonathan de Leeuw, 027 444 6074 E: jonathan.deleeuw@naiharcourts.co.nz Mike Neale, 027 451 5133 E: mike.neale@naiharcourts.co.nz
this parcel presents an exceptional opportunity for land bankers or developers to capitalise on its strategic location amid growing residential subdivision pressure.
In Huntly, 178 Main Street offers a splitrisk mix of two tenancies, currently leased by Pathlab Waikato and CPN Laundromats, both providing essential services. This entry-level investment is currently returning only $27,900 per annum plus GST and outgoings, offering an affordable entry point into the commercial investment property market.
For those seeking office spaces, 522 River Road boasts well-presented office premises close to Hamilton’s CBD. Consisting of 120 sqm of high-quality modern office with a functional layout befitting a professional occupier.
312 Victoria Street offers a ground-floor retail/office unit strategically adjacent to Riverbank Lane and a moment’s stroll from the city’s hospitality precinct, catering to a wide range of activities. This 81 sqm unit allows for a wide range of activities from retail, hairdressing, health and beauty or professional office space.
These properties collectively present diverse investment opportunities across various sectors, promising potential for growth and returns for discerning investors.