275 Grey Street, Hamilton Central, Hamilton

Feast on this

•Longstanding international tenant
•$93,606pa +GST/OPEX rental return
•High profile corner location with drive through access
One of Hamilton's oldest suburbs has been home to the equally iconic tenant KFC for many decades and currently returns $93,606 per annum. The high-profile site on the corner of Grey and Wellington Streets is located close to a number of schools and the University of Waikato campus bringing an abundance of students to the area.
Offering exceptional exposure for the high calibre tenant, the substantial site allows for ample onsite parking for the tenant and customers as well as drive through access from Wellington Street onto Grey Street. Its significant frontage along both streets giving a commanding profile on the busy intersection.
The leasehold tenure is in perpetuity on 21 year renewal terms, providing an opportunity for investors to enter the market or add to their portfolio with a strong tenant in a prime location. A proven history and international recognition ensure this is a must see, hands off investment.