19 Grasslands Place, Frankton, Hamilton City

A rare opportunity to secure this freehold industrial investment in the tightly held Frankton industrial precinct. The property comes with an existing lease of 2 years from 1 September 2025 to a well established business, ensuring immediate and reliable cash flow. Alternatively, the vacant possession can be provided upon settlement by negotiation. Strategically positioned, this property offers excellent connectivity to Hamilton CBD, Te Rapa, and key arterial routes including SH 1C and SH 3. Surrounded by a strong mix of reputable businesses such as Move Logistics, Convex Packaging, Windsor Doors, Fish City Hamilton, this property benefits from this vibrant and established industrial area, making it ideal for both investors and owner-occupiers to capitalise on this sought-after location.The property features a well-configured industrial building of approximately 615m² on a freehold land of 970m² (more or less). Features include two high roller doors, warehouse, office/amenity space at the front, complemented by a secure front yard providing practical functionality for a wide range of industrial uses. Features: Freehold industrial investment in tightly held FranktonTwo (2) year lease from 1 September 2025 to established business Returning $85,000 pa + outgoings + GSTWell-configured industrial propertyA grade seismic grade (2025 ISA report by BCD Group) More information: https://www.colliers.co.nz/p-NZL67036393