Opportunities to secure genuine add-value investments in zone for Hamilton Boys High school are scarce. Positioned on a substantial 1,227sqm (more or less) across two titles, this four-unit investment property offers the ideal project for investors, renovators or landbankers looking to create value.
Comprising two 3-bedroom units and two studio units, the property currently generates $1,360 per week in rental income, providing strong cashflow along with upside.
While the property would benefit from refurbishment, the fundamentals are difficult to ignore. A large landholding, dual titles, proven rental demand and a sought-after location within an easy walk of HBHS, public transport and recreational amenity.
Whether you're looking to renovate to increase rents and improve the presentation or looking for a long-term hold while exploring the potential offered by the site's size and configuration, this is an opportunity to add significant value in a location where demand is consistently strong.
Investment opportunities with this combination of income, land and upside are difficult to find.
Contact Vaughan, the Multi-Unit Specialist, today to get further information or to arrange an inspection.
