SoldJun 23, 2025

15A Edgecumbe Street, Whitiora, Waikato

Amount undisclosed

3
3
1
607 m²

Other

30+ days on the market

Sold: Jun 23, 2025

What's around 15A Edgecumbe Street

About this property

Once in a while, the ideal investment comes along - this is one of those moments. Held tightly for nearly 28 years, this set of three one-bedroom block and brick units sits on a 607m² High-Density Residential site, offering not just strong returns, but also exciting future development potential. Currently combined rental returns of $1,040 per week (approx. $54,000 per annum gross), this is an ideal addition to your portfolio or a fantastic first step into property investment. (note: Unit B is currently vacant and was rented as a periodic $350/week and was going up to $370/wk ), this equates to a 6.2% Gross Return With all three units on one title, you can forget about body corporate fees and enjoy a straightforward, hassle-free asset. Located near the city and key transport links, tenant demand remains consistently high. Whether you landbank for the future, enhance the existing dwellings, or explore development possibilities, this is a rare and rewarding opportunity. Don't wait another 28 years, co

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Seller's review

11 months ago

Readily available with reliable and sound helpful information

Grant is a very experienced and helpful estate agent. Always giving good advice in a very agreeable way. He has the vendors interests at heart and goes to great lengths to assist and organise the sale of the vendor’s property. His ability to present the property for sale with high quality promotional material is outstanding. Excellent in communicating progress on the progress of the property sale. All around an excellent estate agent who I would recommend to anyone.

S
Seller

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