8 Eagle Way, Te Rapa, Hamilton
Pukete Freehold interest in prime location
Key Facts
The opportunity
This prime freehold interest is leased to Woolworths providing a stable income stream.
For Sale by Expressions of Interest closing 3:00pm Thursday 31 October 2024
Features
- 1.74 ha land
- Long-term Groundlease, to Woolworths
- Rental income $1,005,619p.a+ GST
- Main arterial route with great connectivity
- Located on main arterial route opposite The Base shopping centre, and neighboring Kmart & future Pak N Save
Contact Alan Pracy on +64 21 623 089, David Burley on +64 21 478 225 or Kris Ongley on +64 21 657 687 for more information
Highlights
-Long-term Groundlease, to Woolworths
This prime freehold interest is leased to Woolworths providing a stable income stream. Located in a high-traffic Te Rapa area with excellent visibility and ample parking, this property offers long-term investment potential
-Rental income $1,005,619p.a+ GST
With a 21 year term with 7 year reviews, 5 years remaining in current lease term.
An annual rental income of $1,005,619pa + GST this is a rare opportunity to secure a prime, low risk asset.