127 Massey Street, Frankton, Waikato - BlockOfUnits Sold on 05 10 2026

SoldOct 5, 2026

127 Massey Street, Frankton, Waikato

Amount undisclosed

496 m²

1012 m²

BlockOfUnits

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1 day on the market

Sold: Oct 5, 2026

What's around 127 Massey Street

Investment Opportunity - First Time On Market

This set of 5 units has been carefully tenanted and maintained since being built circa 2006, purchased by the current owners at that time. Located on a main arterial route to the western suburbs, these units offer tenants good access for transport, shopping and schooling in a good quality, low maintenance home. Each unit has 2 double sized bedrooms, bathroom, off street parking including a single garage, and open plan living/dining/kitchen area. With a high occupancy rate, these units are currently grossing $141,440 per annum against the current CV of $2.67m giving a gross return of 5.30%pa. After the below insurance and rates costs of $27616.39, the net return before maintenance and other running costs equates to 4.26%pa