4 Rhode Street, Frankton, Waikato

Calling all investors and developers! We have an incredible opportunity to snap up either 1 or 2 neighbouring investment properties that are now on the market on Rhode Street in Frankton!This listing is for 4 Rhode Street, offering three dwellings with a current rental income of $1,015 per week.The neighbouring home 6 Rhode Street is for sale separately, making this is an exceptional opportunity to purchase both properties for twice the potential!Investors will easily see the benefit in having 2 family-friendly properties close by, and developers will see the value in such a huge chunk of land in Frankton. Both homes sit on their own large quarter acre sections - that adds up to a sizeable chunk of land in a very convenient location. It sits within one of the areas that Hamilton City Council is considering for higher builds and housing intensification. Present zoning allows for 2 duplexes and this number could increase as Frankton moves to high density.It’s a stone’s throw to Rhode Street School, with the Dinsdale and Frankton shops nearby, it’s handy to the Lake Domain, or a quick drive to the CBD.The main house offers open plan living with easy access out to a fabulous covered deck for entertaining. It has a fabulous big backyard, 3 good sized bedrooms – 2 of which open out to their own private outdoor space. It has a heat pump, HRV system, ceiling/underfloor insulation, as well as a double garage, carport and extra off-street parking as well. Contact Amanda Awa for more information about viewings, or for copies of documentation for this property.