Available PropertyFiles:

  • Information Memorandum - 242 Peachgrove Road, Claudelands, Hamilton.pdf
  • /Body Corporate Information Pack/
    • AGM Agenda - 22012025.pdf
    • AGM Agenda - 25012024.pdf
    • AGM Agenda 2026 (2).pdf
    • AGM Minutes - 22012025.pdf
    • AGM Minutes - 222012026.pdf
    • AGM Minutes - 25012024.pdf
    • Body Corp Rules - 242 Peachgrove Road.pdf
    • CM Agenda - 22012026.pdf
    • CM Meeting (Online) - 19052026.pdf
    • CM Minutes - 17072026.pdf
    • CM Minutes - 22012026.pdf
    • FYto202309.pdf
    • FYto202409.pdf
    • FYto202509.pdf
    • Long-Term_Maintenance_Plan_-_Five_Cross_Roads_ (2).pdf
    • Meeting_Five Cross Roads (Stages 1&2)_14_11_2025 (4).pdf
    • Meeting_Five Cross Roads (Stages 1&2)_17_07_2026 (2).pdf
    • Policy Schedule (4).pdf
    • RMR Roof Report with photos per PU (1).pdf
    • Rules_Sch1_UTR2011_ColliersHeader.pdf
  • /Lease Information/
    • Deed of Lease - November 2019.pdf
    • Lease Renewal 4th September 2026.pdf
  • /Property Files/
    • Building Assessment (IEP).pdf
    • Code Compliance Certificate - 2023-45673.pdf
    • Code Compliance Certificate - 2023-45673.pdf
    • LIM Report - 242 Peachgrove Road.pdf
  • /Title/
    • 242 Peachgrove Road - TTH - NZ Titles LINZ Guaranteed Title Search - RT SA56A 665.pdf
    • 242 Peachgrove Road - TTH - NZ Titles LINZ Guaranteed Title Search - RT SA56A 673.pdf

Property Description

• Returning $55,820 per annum plus GST and outgoings
• Recently renewed lease providing secure income
• Built-in CPI rent reviews providing future rental growth
• Prominent Peachgrove Road frontage at Five Cross Roads

A high-profile tenanted investment in one of Hamilton’s established suburban commercial locations, this property provides an attractive combination of secure income, strong visibility and future rental growth.

Returning $55,820 per annum plus GST and outgoings, the property is occupied by an established national franchisee tenant who has been in the tenancy since 2019 and has recently committed to a further lease term. This provides a solid foundation for ongoing occupancy and income.

Positioned prominently on Peachgrove Road within the Five Cross Roads commercial centre, the tenancy benefits from excellent street exposure, direct access to pedestrian foot traffic and a well-established surrounding retail environment. Built-in CPI and market rent reviews provide ongoing rental growth, enhancing the long-term investment proposition.

Further features include dual entry to the tenancy, dedicated car parks and an additional storage unit within the complex, providing practical amenity for the tenant.

Surrounded by established operators including McDonald’s, BurgerFuel and Coffee Culture, this is a tightly held investment opportunity in a proven Hamilton retail location, offering the combination of a secure tenant, established income and future rental growth.

Please fill in the form below and we'll email you a link to download the PropertyFiles, instantly.


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.
5. By registering you give consent to receive newsletters from the listing agent and/or PropertyFiles which you may unsubscribe from anytime.

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

021 791 626   021791626   luke.tenhove@bayleyswaikato.co.nz   All Listings