638sqm
floor area
716sqm
land area
|
12:00PM |
96 Ulster Street, Hamilton
Add value | Upside with vacancy |
Exposure | Main Street exposure |
Floor area details | 638sqm (approximately) |
Opportunity | Explore converting this space to residential use if desired |
• Multi-tenanted investment
• Upside with vacancies
• Returning circa $77,000pa + GST
• Main Street exposure
Offering multiple tenants and the opportunity to further increase return utilising the vacant space, the property boasts an excellent profile and substantial footprint. The property features five tenants, comprising popular food businesses. The upstairs vacancy is perfect for a professional or office tenant who doesn't require street frontage but values separate offices, kitchen, and bathroom facilities. Alternatively, an owner-occupier could explore converting this space to residential use if desired. Additionally, the rear of the property houses a residential tenant on a fixed one-year term, adding to the diversified income profile. With its excellent Main Street exposure, the property benefits from high visibility and substantial foot traffic. Strategic refurbishments and lease adjustments could further enhance its value and returns. This is a unique opportunity to make a significant impact in Huntly, balancing an attractive holding income with the potential for future growth.
Licensed under the REA Act 2008
Mobile: +64 27 229 8865 |
Office: +64 7 834 3816 |
josh.smith@bayleys.co.nz |
638sqm
floor area
716sqm
land area
|
12:00PM |
96 Ulster Street, Hamilton
Add value | Upside with vacancy |
Exposure | Main Street exposure |
Floor area details | 638sqm (approximately) |
Opportunity | Explore converting this space to residential use if desired |
54 Main Street, Huntly
Open in mapLicensed under the REA Act 2008
Mobile: +64 27 229 8865 |
Office: +64 7 834 3816 |
josh.smith@bayleys.co.nz |
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