Frankton, Hamilton City

Looking for a better return investment.Embedded tenant has been operating a childcare facility leased to a long-term tenant near conveniently located near a main arterial route providing access to the City, the Frankton business district and Te Rapa.Ideal first investment on-site parking. This is a versatile building with large open space. The tenants lease started in 2015. With three yearly rights of renewal extending to October 2030. Currently Returning: $46,300.80 pa + GST Asking $675,000 plus GST (if any) 6.85% return on your investment.Call Darren Anderson on 021 933 570 for your appointment to view.