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.
