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A237 Victoria Street & 7-27 Collingwood Street, Hamilton Central
$4,000,000+ listed in Oct 2015
Tourism/Hotel/Motel:
Land size: 4,044 sqm | Building size: 7782 sqm [Measure]
Agent: Monarch Commercial Limited

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Property Description:
The Opportunity:
* Currently returning $540,000pa plus GST net
* 9 year head lease over the entire property commencing 1st September 2015
* Floor area of 7,782sqm including the boutique City Oaks Hotel
* Considerable leasehold land area of 4,044sqm bordered by Victoria Street, Collingwood Street and Alexandra Street

The Location:
The property occupies 2 prominent corners within the Hamilton Central Business District and has profile to three streets, with Victoria Street being Hamilton's main street. Situated on the edge of Hamilton's vibrant hospitality precinct, in the immediate vicinity of the property are quality high-rise office towers with corporates such as KPMG and Harkness Henry lawyers in occupation. Other near neighbours include Lonestar Cafe & Bar, Sky City Casino & Entertainment Centre and the award winning Iguana Restaurant and Bar and an easy walk to ArtsPost, the Waikato Museum and Meteor Theatre.

The Property Includes:
* Hamilton City Oaks boutique hotel
* Backpackers
* Various retail including award winning River Kitchen, Portofino & Agenda Restaurant
* Approx 20 covered car parks

The Figures:
* Land 4,044sqm (Leasehold Interest)
* Ground Rent paid by the Tenant
* Floor Area 7,782sqm
* Income $540,000pa plus GST net

Contact Mike Neale or Kara Gerrand for further information or a full Information Memorandum.
Nearby Schools:
NameTypeDecileDistance
Cambridge International CollegeSecondary99312 meters
Hamilton Girls' High SchoolSecondary6378 meters
Hamilton West SchoolPrimary61.3 km
Sacred Heart Girls' College (Ham)Secondary71.1 km
Marian Catholic School (Hamilton)Primary71.4 km
>>More schools

The property data is from the public websites.

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