Kihini
Ngā Rūma Moe
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.
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.33 km | 1 | 1 | 60m2 | 2024 12 06 | $460,000 | Council approved | |
 | 0.15 km | 1 | 1 | -m2 | 2024 09 20 | $300,000 | Council approved | |
0.15 km | 1 | 1 | 49m2 | 2024 09 09 | $295,000 | Council approved | ||
 | 0.25 km | 3 | 152m2 | 2024 08 30 | $685,000 | Council approved | ||
 | 0.15 km | 1 | 1 | -m2 | 2024 08 16 | $300,000 | Council approved |