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Search General - 12% INVESTMENT AND DEVELOPMENT GEM! - Waikato

POA

Closed |Waikato Listing #: 22194

Basic Information

  • Location 35 Seddon Road
    Frankton Hamilton City
    Waikato
  • Bedrooms 14
  • Bathrooms 4
  • Floor Area 293.00 m²
  • Land Area 1012.00 m²

Description

1012m2 RH zoned (high density), returning $1450 pw. The unique 2x3 + 1x2 + 1x6 configuration includes a 3 bedroom house at the road front, an adjoined 2 bedroom unit, a 6 bedroom facility rented by the room, and an additional 3 bedroom dwelling. The current $75,400+ gross annual income provides investors with an enviable 12% gross return, with options for increased rents. This property also presents an exceptional development opportunity. Overlooking Seddon Park and Hamilton CBD, it is a short walk to the city's retail and hospitality precincts, favoured schooling including WINTEC, and popular Frankton "village". Call Greg or Campbell for further information or to view.

Alternative contact:
Campbell Scott
07 854 9961
021 332 064
campbells@lodge.co.nz
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Seller's Details
  • Agent Name: Greg Sheppard
  • Agency Ref: LF05457

  • Phone: 07 854 5350
  • Phone: 021 925 347
  • Email: gregs@lodge.co.nz

Questions and Answers