The upcoming sale of an open-plan warehouse and office unit in Frankton offers buyers a rare chance to locate their business in a key Hamilton industrial stronghold.
With good storage, a front roller door plus rear access, the approximately 242-square metre street-front industrial unit for sale on Sloper Avenue is well suited to a wide range of commercial, light and service industry uses.
It sits in the heart of Hamilton’s Frankton industrial precinct, which is perennially in demand for its proximity to the city’s central business district and key roading links across the “Golden Triangle” region to Auckland and Tauranga.
The property currently generates a net rental income of $36,000 plus outgoings and GST per annum on a month-to-month lease to digital infrastructure services company Structured Technologies Limited.
The freehold strata-titled unit at 6A Sloper Avenue, Frankton, Hamilton, is being Marketed for Sale by Alex ten Hove and Luke ten Hove of Bayleys Hamilton.
The property will go under the hammer at an auction on Thursday 15 June, unless it is sold earlier.
Alex ten Hove said the site’s multi-use space was ideal for warehousing, storage, workshops or trade, wholesale or retail supplies.
“The property features a spacious open-plan warehouse accessed via a street-front roller door, along with a partitioned office and a stainless-steel kitchenette. The metalled driveway extending along the side of the building provides easy access to the rear.
“Given the low industrial vacancy rates in Frankton, this warehouse and office unit represents a rare opportunity for owner-occupiers looking for accessible warehousing and storage in an excellent industrial location,” he said.
Luke ten Hove said the site for sale was positioned on the southeast side of Sloper Avenue, just off Norton Road.
“This places it a short drive from Hamilton’s CBD, which offers an abundance of local amenities including a major shopping centre, eateries and fitness centres.
“Sloper Avenue is also extremely close to State Highway 1C, making it easily accessible to Auckland, Cambridge and Tauranga. Hamilton Central bus station is about 1.5 kilometres away,” Luke ten Hove said.
The site for sale sits in the Business 7 Zone within the Frankton Commercial Fringe under Hamilton’s district plan.
The Frankton Commercial Fringe zone provides for a mix of commercial, light and service industrial and healthcare services. This supports activities ranging from light industry, research and innovation, trade and wholesale/retail, healthcare services and education and training facilities.
Businesses neighbouring the Sloper Avenue site are engaged in activities ranging from automotive and electrical services to hardware, home and building supplies.