•Holding income of $74,024.80 pa +GST/OPEX
•Industrial zoned land offering of 1.2387 ha (more or less)
•Te Awamutu’s close proximity to Hamilton is making this popular with businesses looking to relocate
•Owners selling down portfolio- option to acquire one, two or three holdings
Instructions are clear our vendors are selling down their Te Awamutu portfolio to move funds closer to home and family.
With 1.2387 ha (more or less) of industrial-zoned land, 301 Bruce Berquist Drive has a lot to offer with future development and holding income. Currently, a portion of the site is occupied by Go Bus on an initial term of two years and nine months with one renewal of right of three years remaining. Bruce Berquist has proven popular with tenants as neighbouring developments have attached national brand tenants giving comfort for future tenant options.
Te Awamutu is experiencing excellent growth with large-scale residential subdivisions bringing strong employment and business growth to the town alongside its quick commute to Hamilton it is proving to be a popular location for both investment and development.