Sold Property

70 Albert Park Drive, Te Awamutu, Waikato 3800

  • 398 m2

$1,550,000

Tenanted Investment Opportunity

- Desirable CBD location with high profile and easy accessibility
- Brown Pennell Accountants have operated from this purpose-built building for over 20 years
- Currently returning $72,000pa plus GST & Outgoings
- New 6 year lease term with a final expiry date of 2036
- Ground Floor Offices: 263.1sqm
- Mezzanine Storage: 28sqm
- Lower Ground Storage: 106.2sqm

Situated within the Te Awamutu CBD on Albert Park Drive (SH 3), provides excellent traffic flows and profile, while maintaining easy access for clients and customers. Immediate neighbours include dental and chiropractic services, while other near neighbors include Waipa Workingmans Club, Husqvarna, and Countdown Supermarket. Property ID: #HCM27372

Show More

Sold Date

  • 02 December, 2021

Property features

  • Property Type: Office
  • Office Square Metres: 398
  • Carparks: 12
  • Tenancy 1: Area Sqm: 330, Commencement Date: 01 November 2021, Expiry Date: 31 October 2036, Rental net/gross p.a.: 72, 000 plus GST & Outgoings, Review Dates: 1 November 2023, 2025, 2029, 2031 & 2035, Rights of Renewal: 3 x 3 years, Tenant Name: Brown Pennell Limied, Term (years): 6 years from 1 November

Office

Harcourts Hamilton Commercial

Licensed under REAA 2008

Repayment Calculator

Est. bond $1920
  • 398 m2

Sold Property

70 Albert Park Drive, Te Awamutu, Waikato 3800

$1,550,000

Tenanted Investment Opportunity

- Desirable CBD location with high profile and easy accessibility
- Brown Pennell Accountants have operated from this purpose-built building for over 20 years
- Currently returning $72,000pa plus GST & Outgoings
- New 6 year lease term with a final expiry date of 2036
- Ground Floor Offices: 263.1sqm
- Mezzanine Storage: 28sqm
- Lower Ground Storage: 106.2sqm

Situated within the Te Awamutu CBD on Albert Park Drive (SH 3), provides excellent traffic flows and profile, while maintaining easy access for clients and customers. Immediate neighbours include dental and chiropractic services, while other near neighbors include Waipa Workingmans Club, Husqvarna, and Countdown Supermarket. Property ID: #HCM27372

Property Features

  • Property Type: Office
  • Office Square Metres: 398
  • Carparks: 12
  • Tenancy 1: Area Sqm: 330, Commencement Date: 01 November 2021, Expiry Date: 31 October 2036, Rental net/gross p.a.: 72, 000 plus GST & Outgoings, Review Dates: 1 November 2023, 2025, 2029, 2031 & 2035, Rights of Renewal: 3 x 3 years, Tenant Name: Brown Pennell Limied, Term (years): 6 years from 1 November

Sold Date

  • 02 December, 2021

Mike Neale Harcourts Hamilton Commercial

Aaron Donaldson Harcourts Hamilton Commercial

Request Live Stream Inspection
Harcourts Hamilton Commercial

Office Harcourts Hamilton Commercial Licensed under REAA 2008

Map Location

Get Directions

Need to sell before investing?

Need to sell before investing?

Whether an owner-occupier or an investor we can help you determine the worth of your current asset. Why not find out with a Property Appraisal, highlighting recent sales and leases, property returns, market insights and more?