Tenanted Investment - Deceased Estate

Set date of sale (unless sold prior)

Ray White Austar - Commercial Division are proud to present to the market 89 & 91 Ruffell Road, Te Rapa, Hamilton.
This extraordinary property consists of 2 freehold sites totalling 5,303 m2 (approx.) containing 2 buildings totalling 609m2 (approx.). The fully fenced site provides excellent security and is located just off the Waikato Expressway an added benefit of this holding.
The property is leased to one of New Zealand's leading Civil Construction company HEB Construction Limited on a 6 year lease that commenced in 2020 with rights of renewal through to 2032.

Property Features:
• Fully fenced and gated sites totalling 5,303m2 (approx.)
• Modern Office/Warehouse Building of 502m2 (approx.) built circa 2010
• Secondary older Storage/Office building of 107m2 (approx.)
• Outstanding tenant - HEB Construction Limited
• Potential Future Development with both sites offering a relatively flat contour
• Ideal location - close to the Waikato Expressway

The Deceased Estate sale offers a strong tenant, well presented modern building and future development potential - this is an investment not to be overlooked!
To be sold by set date of sale on the 29th June at 1pm (unless sold prior).