Kitchen
Beds
Located in a sought-after area just minutes from the CBD and Waikato Stadium, this property presents a compelling investment opportunity. The offering includes five studio units, each with a solid tenant base, ensuring a stable income stream of $60,000 per annum.
The property sits on a substantial 622sqm of residential high land, providing significant potential for both renovation and redevelopment. While the current condition requires some tender loving care, this presents a valuable chance to enhance the property's value or explore new development possibilities.
The vendors are highly motivated to sell, making this a timely opportunity for investors.
For more information or to arrange a viewing, please contact us. This is a prime chance to invest in a high-potential asset in a popular area, don’t miss out!
Location: Prime position, close to the CBD and Waikato Stadium.
Property Details:
5 Studio Units: Each with a solid tenant base.
Land Size: 622sqm of residential high land.
Income: Generating $60,000 per annum.
Condition: Needs TLC - potential for renovation or development.
Vendors: Motivated to sell.
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.15 km | 1 | 1 | -m2 | Year 2024 Month 09 Day 20 | $300,000 | Council approved | |
0.15 km | 1 | 1 | 49m2 | Year 2024 Month 09 Day 09 | $295,000 | Council approved | ||
 | 0.10 km | 3 | 133m2 | Year 2024 Month 07 Day 19 | $630,000 | Council approved | ||
 | 0.08 km | 2 | 2 | -m2 | Year 2024 Month 07 Day 16 | $545,000 | Council approved | |
0.08 km | 2 | 1 | 97m2 | Year 2024 Month 06 Day 24 | $545,000 | Council approved |