


Listing Description
Invest or Occupy – With Income Already in Place
11 Garden Place, Level 3, Hamilton City Central, Hamilton, Waikato
Asking price $1,100,000 + GST (if any)
Details
Attribute | Value |
---|---|
Property use | Office |
Property ID# | JDS778 |
Agency reference | CPB1771LV |
Description
Here’s a standout opportunity to secure commercial property in the heart of Hamilton’s growing CBD. Whether you’re an investor keen to add value or a business owner looking for your own space – with bonus income – this one’s worth a closer look.
Roughly 70% of the floor is leased to a long-term tenant, providing solid holding income, while the remaining space gives you the flexibility to occupy or lease out for additional return.
Property Highlights: Sweeping views over Garden Place and the southern end of the city Approx. 139m² of vacant office space ready to use or lease Positioned right in the city centre – surrounded by retail, hospitality and key services Neighbours include Hamilton City Council, Centre Place and SkyCity Casino Integrated air conditioning throughout Basement carparks + storage area Current income: $69,390.26 + GST per annum Will show a 6.3% net return on the asking price and a much higher return once fully leased Strong seismic rating Motivated vendor – priced well below replacement cost
Opportunities like this – with location, income, and upside – don’t come around often.
Give Luke a call today for more info or to arrange a private viewing.
Property Files
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