A rare investment opportunity presents itself with this substantial block of 10 x 2-bedroom flats having been built in the 1970s for the current owner, now reluctantly offered to the market for the first time.
Designed with practical, north-facing open plan layouts, the complex provides comfortable and functional living spaces that continue to appeal to long-term tenants. Well positioned close to town and all public amenities, the property offers exceptional convenience, further enhancing its rental demand and overall appeal. Excellent onsite carparking adds to the practicality of the site, supporting everyday ease for residents and visitors alike.
Generating a strong and consistent income stream, supported with a rental appraisal of $218,000 gross per annum, with 2 of the units vacant for marketing purposes, making it a solid addition to any investment portfolio.
Opportunities of this scale, location, and income profile are seldom available and are highly sought after. Call Don Sargent to arrange a viewing today - 027 766 0080 or Renee Boleyn 027 729 9448
PLEASE NOTE: Specified floor and land area sizes have been obtained from sources such as Property Guru, Hamilton City Council (LIM) or Title documents. They have not been measured by the Salesperson or Online Realty Ltd. We recommend you seek your own independent legal advice if these sizes are material to your purchasing decision.
