7 Maui Street, Te Rapa, Hamilton

High Profile Te Rapa Investment

Superb Te Rapa location across the road from The Base New Zealand's largest shopping centre. This is an area that continues to show considerable residential and commercial growth and almost nil vacancy in the area with only 33% site coverage there is potential to expand further in the future.

The property is part of a bulk retail precinct which includes, Big Save, Bedpost, Beds R Us, Super Cheap Auto, Danske Mobler and Kitchen Things with Harvey Norman and Hunter Furniture on the opposite side of the road.

The property is leased by PK Furniture which has 11 stores throughout the North Island. The property returns $258,868.57 per annum + GST with annual rental increases of approximately $9,010 per annum + GST.