Available PropertyFiles:

/5 Karewa Place - Title /
- 5 Karewa Place - TTH - NZ Titles LINZ Guaranteed Title Search - RT 26207.pdf
/A J Trading Limited - Lease /
- Para 2021 April Deed of Lease Executed.pdf
/Fit five Limited - Lease /
- Snap Deed of Assignment signed.pdf
- Snap agreement to lease.pdf
/IEP Report - 5 Karewa Place /
- 5 Karewa Place, Pukete, Hamilton-IEP Report.pdf
/LIM report - 5 Karewa Place/
- LIM Report, 5 Karewa Place.pdf
/Lease - Saleena Kaur (247 Pilates)/
- Agreement to lease - Saleena Kaur (247 Pilates Hamilton).pdf
/Lonrix Limited - Lease/
- Lonrix Limited - Lease Agreement First Floor 5 Karewa Pl final 21 Oct 24.pdf
/Resource consents - 5 Karewa Place/
- DECISION FINAL APPROVED PLANS - 010.2025.00013438.001 - 5 Karewa Place - Kingsbeer Properties Limited(2025.09.16).pdf
- Resource consents - 5 Karewa Place.pdf

Property Description

• Returning $311,443 per annum + GST and outgoings
• Well-established tenant profile
• Built in CPI and rental Growth
• 2015 quality build

Underpinned by a substantial and secure income stream from well-established tenants, 5 Karewa Place presents an outstanding opportunity to acquire a high-quality asset delivering an attractive yield.

In a market where yields are continuing to compress and alternative investment returns are diminishing, opportunities of this calibre are becoming increasingly rare. The property benefits from built-in rental growth, providing investors with both reliable cash flow and strong prospects for long-term capital appreciation.

Constructed in 2015, this low-maintenance building features quality tilt-slab construction, modern amenities, and appealing architectural elements. The asset is further enhanced by 38 on-site car parks and its prime position within the tightly held Te Rapa industrial precinct - making it a true trophy investment.

As investor demand for quality commercial real estate intensifies, assets such as this are expected to appreciate strongly. With realistic and motivated vendors willing to meet the market, this represents a compelling opportunity to secure a proven income-producing investment.

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Terms of Supply

By accepting the information contained in this PropertyFile, I acknowledge I have read, understood and accepted the terms on which the information is made available.
1. Where information is supplied by the agent to customers, the information is information in possession of the Vendor(s) that the Vendor(s) are making available to the customer without endorsement.
2. No representation is made by the agent or the Vendor(s) as to the accuracy, or to the reliability, of any information made available to the customers.
3. The customer will seek such advice and explanation the customer may require from an independent specialist of their choosing.
4. Should the purchaser decide not to obtain their own specialist advice, they are deemed to have satisfied themselves on all aspects of the property and are buying solely in reliance on their own judgement and contrary to the recommendation of the agent.
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Contact Alex ten Hove

Success Realty Limited

Licensed under the REA Act 2008

078343232 0275924817 alex.tenhove@bayleys.co.nz All Listings

Contact Luke ten Hove

Success Realty Ltd

Licensed REAA 2008