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5/16 Paterson Street

Frankton Waikato

2
1
2
73 m²
Unit
Currently for sale - view listing

Overview

Low Maintenance Living With Built-In Returns

With a motivated vendor comes genuine opportunity. 5/16 Paterson Street offers a smart, low-maintenance option that is ready to deliver from day one. Built in 2017, this two-bedroom, one-bathroom unit is well suited to investors and first home buyers alike, offering a practical and functional layout with a light-filled living area, well-appointed kitchen and two comfortable bedrooms. The modern construction provides peace of mind, while the easy-care design keeps ongoing maintenance to a minimum. Adding further appeal, the property includes two dedicated car parks along with ample off-street parking, ensuring convenience for both residents and visitors. What sets this property apart is the immediate income potential, with the property currently tenanted on a periodic tenancy, providing steady returns from day one. The property attracts strong rental demand, with continued appeal in this high-demand location. Positioned in a convenient Frankton location, the property is close to local shops, transport links, Waikato Hospital, and only a short drive to Hamilton CBD, making it an attractive option for tenants and owner-occupiers alike. This is an area known for its accessibility and consistent rental demand, further strengthening its investment appeal. Whether you are looking to add to your investment portfolio, secure a lock-and-leave, or step onto the property ladder, this is a versatile opportunity that ticks all the right boxes. Opportunities like this, with a motivated vendor and immediate returns, are increasingly hard to find, early enquiry is strongly encouraged. Contact Finn today to arrange a private viewing.

Features

2 bedrooms
1 bathroom
2 carspaces
2 open car spaces
73 m² floor area
Unit

Happy sellers in Frankton

73%
73% of sellers in Frankton reported that their sale price either exceeded or met their price expectations.

Frankton stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 75 reviews in Frankton over the last 12 months.

Local market activity for 2 bedroom units in Frankton

In the last 12 months, 25 two-bedroom units similar to 5/16 Paterson Street, have been sold.

This represents a 4% decrease in two-bedroom units sales when compared to the previous 12 months.

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