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Located at the base of the award winning Alcyone Hotel Residences is the rare opportunity to acquire the commercial lot at the entrance to Portside Wharf. With the continuing development of Hamilton towards the upcoming Olympics, this is the opportunity to acquire the only substantial retail lot outside of the portside retail precinct now owned by Centennial.
Sale Details:
- 587m²* NLA (across 7 tenancies)
- Current Net Income: $318,432.60* + GST + Outgoings
- WALE: 2.84 Yrs* (By Income)
- Mix of retail, hospitality and beauty tenants
- Capitalise on under-rented tenancies
- Ability to achieve 7% return once fully tenanted.
- Additional 155m²* of vacancy
- Prospective HOA on 135m² tenancy
- Motivated Seller
*approx.
For further information or to arrange a private inspection, please contact the Exclusive Agents Grant Brix or Doyle Bissett from Quartz Commercial.
Brix Realty Pty Ltd ACN 662 868 359 trading as Quartz Commercial (“we, us”) make no representation or warranty as to the accuracy, reliability or completeness of the information relating to the property. The information is general information only and any examples given are for illustrative purposes.
Remember to mention you found this property on CommercialReady
Located at the base of the award winning Alcyone Hotel Residences is the rare opportunity to acquire the commercial lot at the entrance to Portside Wharf. With the continuing development of Hamilton towards the upcoming Olympics, this is the opportunity to acquire the only substantial retail lot outside of the portside retail precinct now owned by Centennial.
Sale Details:
- 587m²* NLA (across 7 tenancies)
- Current Net Income: $318,432.60* + GST + Outgoings
- WALE: 2.84 Yrs* (By Income)
- Mix of retail, hospitality and beauty tenants
- Capitalise on under-rented tenancies
- Ability to achieve 7% return once fully tenanted.
- Additional 155m²* of vacancy
- Prospective HOA on 135m² tenancy
- Motivated Seller
*approx.
For further information or to arrange a private inspection, please contact the Exclusive Agents Grant Brix or Doyle Bissett from Quartz Commercial.
Brix Realty Pty Ltd ACN 662 868 359 trading as Quartz Commercial (“we, us”) make no representation or warranty as to the accuracy, reliability or completeness of the information relating to the property. The information is general information only and any examples given are for illustrative purposes.
Remember to mention you found this property on CommercialReady
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