Sold
89-91 Ruffell Road,
Te Rapa, Hamilton City
NZD 2,750,000
Property details
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Agents
Ray White Central West: Austar Realty Limited Licensed (REAA 2008)
36 Te Atatu Road, Te Atatu South Waitakere City 0610
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Tenanted Investment - Deceased Estate
Set date of sale (unless sold prior)
Ray White Austar - Commercial Division are proud to present to the market 89 & 91 Ruffell Road, Te Rapa, Hamilton.
This extraordinary property consists of 2 freehold sites totalling 5,303 m2 (approx.) containing 2 buildings totalling 609m2 (approx.). The fully fenced site provides excellent security and is located just off the Waikato Expressway an added benefit of this holding.
The property is leased to one of New Zealand's leading Civil Construction company HEB Construction Limited on a 6 year lease that commenced in 2020 with rights of renewal through to 2032.
Property Features:
• Fully fenced and gated sites totalling 5,303m2 (approx.)
• Modern Office/Warehouse Building of 502m2 (approx.) built circa 2010
• Secondary older Storage/Office building of 107m2 (approx.)
• Outstanding tenant - HEB Construction Limited
• Potential Future Development with both sites offering a relatively flat contour
• Ideal location - close to the Waikato Expressway
The Deceased Estate sale offers a strong tenant, well presented modern building and future development potential - this is an investment not to be overlooked!
To be sold by set date of sale on the 29th June at 1pm (unless sold prior).
Ray White Austar - Commercial Division are proud to present to the market 89 & 91 Ruffell Road, Te Rapa, Hamilton.
This extraordinary property consists of 2 freehold sites totalling 5,303 m2 (approx.) containing 2 buildings totalling 609m2 (approx.). The fully fenced site provides excellent security and is located just off the Waikato Expressway an added benefit of this holding.
The property is leased to one of New Zealand's leading Civil Construction company HEB Construction Limited on a 6 year lease that commenced in 2020 with rights of renewal through to 2032.
Property Features:
• Fully fenced and gated sites totalling 5,303m2 (approx.)
• Modern Office/Warehouse Building of 502m2 (approx.) built circa 2010
• Secondary older Storage/Office building of 107m2 (approx.)
• Outstanding tenant - HEB Construction Limited
• Potential Future Development with both sites offering a relatively flat contour
• Ideal location - close to the Waikato Expressway
The Deceased Estate sale offers a strong tenant, well presented modern building and future development potential - this is an investment not to be overlooked!
To be sold by set date of sale on the 29th June at 1pm (unless sold prior).
Explore the area
School catchments
- Te Rapa School Full primary Years 1-8 State 1.9km
- Te Ao Mārama School Primary Years 1-6 State 2.5km
- Pukete School Primary Years 1-6 State 2.5km
- Te Kōpuku High Secondary Years 7-15 State 3.1km
- Endeavour School Primary Years 1-6 State 3.3km
- Horotiu School Full primary Years 1-8 State 3.7km
- Hamilton Christian School Composite Years 1-15 State integrated 4.1km
- St Andrews Middle School Composite Years 7-10 State 4.1km
- Ngā Taiātea Wharekura Secondary Years 9-15 State 4.2km
- Rotokauri School Full primary Years 1-8 State 4.3km
- Rototuna Senior High School Secondary Years 11-15 State 4.5km
- Rototuna Junior High School Secondary Years 7-10 State 4.5km
- Horsham Downs School Full primary Years 1-8 State 4.6km
- Te Totara Primary School Primary Years 1-6 State 4.7km
- St Peter Chanel Catholic School (Te Rapa) Full primary Years 1-8 State integrated 4.8km
- Crawshaw School Full primary Years 1-8 State 4.8km
- Vardon School Primary Years 1-6 State 5.0km
- Rototuna Primary School Primary Years 1-6 State 5.3km
- Forest Lake School Primary Years 1-6 State 5.5km
- Waikato Waldorf School ( Rudolf Steiner) Composite Years 1-10 State integrated 5.7km
- Waikato Diocesan School For Girls Secondary Years 9-15 State integrated 5.8km
- Fraser High School Secondary Years 9-15 State 6.3km
- Fairfield College Secondary Years 9-15 State 6.3km
- St Paul's Collegiate (Hamilton) Secondary Years 9-15 Private 6.5km
- Te Wharekura o Kirikiriroa Composite Years 1-15 State 8.2km
- Hamilton Girls' High School Secondary Years 9-15 State 8.3km
- Hamilton Boys' High School Secondary Years 9-15 State 9.0km
- Tai Wananga Secondary Years 9-15 State 9.2km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check enrolment zones and eligibility with the school. School data © Ministry of Education, licensed under CC BY 4.0.
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Contact Trudi Pirini
Contact Trudi Pirini
Trudi Pirini
89-91 Ruffell Road, Te Rapa 3200
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Trudi Pirini
89-91 Ruffell Road, Te Rapa 3200