Ripe for development in a location undergoing extensive suburban intensification where a $520 per week rental yield from a fixed term tenancy until Feb 2022 offers guaranteed holding income while you sort the plans and consents.
Presented tidily over 111m² featuring combo kitchen/dining and separate lounge with three bedrooms serviced by separate toilet and bathroom plus a second toilet in the laundry.
Set on a 667sqm freehold section with an expansive road frontage offering easy accessibility for the builders with location to Waikato University and CBD pointing to a continually high demand for quality rental accommodation.
A drive-by or fly-by on Google Maps will show just how fast this neighbourhood is being transformed and it will never be cheaper to secure and exploit such an opportunity as it is right now.
Low hanging fruit just waiting to be picked by the astute developer - call Mark Keesom for details.