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Back 88 Lake Road
Off Market

88 Lake Road

Frankton Waikato

15
10
570 m²
1011 m²
Apartment
Neil RansfieldNeil Ransfield, last sold this property on 29 October 2025 after 26 days on market.

Overview

Estate Sale – 10-Unit Block in Frankton

A rare opportunity has arrived in the thriving hub of Frankton. On offer is this solid block of flats comprising five x two-bedroom units plus five x one-bedroom units plus a garage, currently returning $144,155.00 gross per annum with clear scope to add value. Built strong in block construction, this property is ready for a new owner with vision. Some tenants have called this home for over 20 years, testament to both the location and demand. With renovations and upgrades, there is plenty of potential to lift returns and enhance capital value. Situated in a prime position close to the CBD, Lake Rotoroa, FMG Stadium and Seddon Park, this estate sale presents itself as an exceptional investment opportunity. - 10 income-producing units - Strong rental history - Plenty of room for improvement To be sold by auction Opportunities like this are seldom available – secure your future investment today. See Neil for an info pack.

Features

15 bedrooms
10 bathrooms
570 m² floor area
1011 m² lot size
Apartment

Estimated Value

We need at least 3 similar 15 bedroom apartments sold in Frankton over the last 12 months.

Property history for 88 Lake Road

2025
Sold
Undisclosed
29 Oct 2025 by Neil Ransfield, of Bayleys Rototuna

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 15 bedroom apartments in Frankton

Nearby agents

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Jana Stove

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Yvenna Yue

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Brad Jefferson

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Blair Pointon

Sellers who recommend Blair Pointon have praised them for being clear communication, local expert, supportive, reliable, friendly, honest and well-prepared

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