Frankton, Hamilton City

6.31% initial yieldLow-maintenance modern industrial warehouseQuality executive office facilities This highly sought-after industrial investment offers an excellent opportunity for both investors or owner-occupiers.Featuring a modern, low-maintenance building and an established single tenant, the property delivers strong income along with exceptional simplicity and ease of management. The vendors are offering a new three-year lease at an appraised rental of $252,000 + GST and OPEX, with vacant possession available if preferred.The industrial sector continues to be one of the most desirable commercial asset classes, supported by consistently low vacancy rates and straightforward operations. This property includes a large high-stud warehouse, gantry crane, and a substantial secure concrete yard — key features that underpin long-term tenant demand and operational viability.As an added bonus, the site includes a consented auxiliary apartment, providingexcellent additional flexibility. In a market characterised by rising construction costs and high land prices, this established modern facility represents outstanding value compared to new-build alternatives.Please note: Images may include digital enhancement, virtual staging, or AI-assisted editing