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Located in Frankton in one of New Zealand's fastest-growing cities, this spacious 2-bedroom unit is part of a well-maintained complex of 8 units. Featuring concrete block cladding, this property stands out with no body corporate fees ensuring lower ongoing costs for the owner. The unit is currently rented with managed tenants in place on a periodic agreement offering immediate rental income.
This prime location provides exceptional convenience, situated just 5 minutes from Hamilton's CBD and 10 minutes from The Base Shopping Centre. The unit also includes its own car park adding to its appeal for tenants and owners alike.
Financially this property offers an estimated yield between 6% and 8%, making it a worthy investment choice. With tenants already in place, you can start earning from day one. Hamilton's rapid growth ensures strong future demand and potential capital gains, enhancing the long-term value of your investment.
Don't miss out on this fantastic opportunity to secure a prime piece of real estate in one of New Zealand's hottest property markets. Contact us today for more information or to arrange a viewing.