Listing Description
Listed: Thu, 23 Apr
High-return cash flow asset
240 Tristram Street, Hamilton City Central, Hamilton, Waikato
Details
| Attribute | Value |
|---|---|
| Property use | Office |
| Agency reference | 5805696 |
Description
- Attractive high-yield investment
- Versatile layout suitable for multiple tenants or professional services
- Desirable location, surrounded by established commercial and professional businesses
This centrally located, standalone iconic office building ticks plenty of boxes. It offers excellent car parking both onsite and on-street. The tenants enjoy sunny offices with natural light on all sides.
The estimated net rental is approximately $173,420 per annum + GST and outgoings, net of the ground rental, supported by a twenty-one-year land lease.
Our retiring vendors, now turning eighty, have decided the time is right to pass this asset on to the next owner. They advise that the property has consistently achieved strong, above-market returns.
The property is to be sold by Auction on 21 May 2026. All expressions of interest are welcome.
Property Files
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