Property Description

• Strong, secure income of $154,350pa + GST & outgoings
• Long-term tenant covenant with over 20 years’ continuous occupation
• Recent capital upgrades reducing maintenance and holding risk
• Proven Te Rapa location favoured by commercial occupiers and investors
• Freehold title with 2,148sqm of land (more or less) and over 1,600sqm floor area

This industrial property represents a well-located, solid income-producing investment positioned on the corner of Bryant Road and Vickery Street within the established Te Rapa industrial precinct. The property is held on a freehold title comprising approximately 2,418sqm of land, with over 1,600sqm of floor area, providing a solid landholding in one of Hamilton’s most sought-after industrial locations. The area is consistently favoured by both tenants and investors due to its accessibility, strong occupier demand, and long-term growth fundamentals.

From an investment perspective, the property offers immediate, reliable cashflow, returning $154,350 per annum plus GST and outgoings. The tenant, Loop Technologies, has been in occupation for more than two decades and has invested heavily in fit-out and infrastructure, demonstrating a deep commitment to the site and providing a level of confidence around ongoing tenure.

Recent capital works have been completed, including a new roof and upgraded bathroom facilities, reducing near-term maintenance requirements. These improvements allow an incoming owner to focus on income performance rather than future upgrades.
Well suited to investors seeking a stable, low-risk addition to a commercial property portfolio, the asset offers secure income, a proven tenant covenant, and location fundamentals that support long-term value. This is an opportunity to acquire a core holding in a tightly held commercial precinct.