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Multi-Tenanted | $5,200,000 | Net Yield: 7.07% | NZ

This premium tenanted investment presents a rare opportunity to secure strong, diversified income in the heart of Te Rapa - one of Hamilton’s most tightly held and high-performing commercial precincts.

The property is underpinned by a high-quality national tenant mix, delivering a combined net income of $381,620 p.a. + GST supported by long-term lease commitments. This tenancy profile provides income security while positioning the asset for ongoing rental growth.

Strategically located within the ‘Golden Triangle’ between Auckland, Hamilton and Tauranga, the property benefits from exceptional exposure along a major arterial route out of Hamilton, with strong daily drive-by traffic and prominent visibility from a nearby roundabout. Positioned on the northern growth corridor, the asset is ideally placed to capture ongoing population and economic expansion between Hamilton and Auckland.

The building presents with a high-quality finish and strong street presence, standing out within the tightly held Te Rapa strip. Ample onsite parking, with 46 dedicated car parks and dual access from both Te Rapa Road and Sheffield Street, further enhances accessibility and tenant appeal.

With blue-chip tenants, strong income and a prime growth location, this is a well-balanced commercial investment offering long-term security and enduring appeal.

Key Highlights

Purchase Details
Asking Price
Purchase Price
5200000
Deposit (assuming
65
% debt)
1820000
Stamp Duty
Nil
Building Report*
3000
Solicitor Cost*
13000
Valuation*
3000
Other fees*
100000
Other Fees* (Depreciation
report, bank fees)
Total Cash Required
1939000
Purchase Price + Purchasing Costs
5319000
Net Annual Cash Flow Return
381620
Net Yield on Property
7.07
%
Net Yield Accounting for
Purchasing Costs
6.91
%
Cash-On-Cash Returns
Deposit Needed =
% + Costs
1937800
Cost of Loan
(Assume
6.25
% pa on
65
% debt)
196040
CASH FLOW AFTER
MORTGAGE COSTS
170040
Return of Equity
(Pure cash flow return)
8.86
%
Return of Equity with a
5% Capital Growth Rate:
22.30
%
Return of Equity with a
7% Capital Growth Rate:
27.68
%
Return of Equity
10% Capital Growth Rate:
35.74
%
*approximate numbers

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