This investment property at 168 Old Farm Road offers an opportunity to secure strong rental income in a great investment location.
Located within an easy walking distance to the Waikato University, Waikato Innovation Park and Ruakura superhub, the long-term prospects here are bright.
Adding to the appeal are the nearby local shops for convenience and easy access to public transport. It's easy to see why tenant demand from families, students, and working professionals is strong.
The property comprises 3 dwellings situated on a 916sqm residential intensification zone and returning $1,505 pw. The zoning may offer future redevelopment opportunities or simply serve as a land banking option. With proven cash flow and scope to enhance or add value over time, this needs to be considered by investors seeking cash flow and growth prospects.
Now is a great time to buy - don't miss this chance.
Contact Vaughan Heslop to organise your viewing.
Features
8 bedrooms
3 bathrooms
200 m² floor area
crop_free916 m² lot size
cottageHouse
Happy sellers in Hamilton East
68%
sentiment_satisfied
68% of sellers in Hamilton East reported that their sale price either exceeded or met their price expectations.
Hamilton East stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 90 reviews in Hamilton East over the last 12 months.
Local market activity for 8 bedroom houses in Hamilton East
Sold
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