Lodge Real Estate - HQ
Real Estate Agents
- Listing #:
- L31621103
- Listed:
- 6 days ago
Auction (Unless Sold Prior) - 27th Nov, 12.30PM
Wed 27th Nov 12:30pm
Investment Opportunity With Great Returns
307A and B Te Rapa Road, Beerescourt, HamiltonResidential House
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- 9 Bedrooms
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- 4 Bathrooms
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- 4 Car Garages
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- 2 Covered Car Parks
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- 982m2 Land Area
About this property
Discover a fantastic home & income opportunity here at 307a & 307b Te rapa rd. Hamilton. This unique property offers two solid 1980s brick units of 180m2 each providing spacious living .The first unit currently rented at $785pw,is a meticulously renovated five bedroom two bathroom residence offering a modern blend of style and convenience. A sleek modern kitchen & new appliances including fridge/freezer for the culinary enthusiast make this the hub of the home, Both units feature internal access basement garaging & carports ,also a 6m x 7m garage has been added and currently rented for $100 per week, providing extra value. The second unit is four bedroom ,two bathroom & currently returning $650pw,some upgrades to the interior or reconfigure the layout to 5 bedroom would increase the rental return .These low maintenance units feature aluminum joinery and are healthy homes compliant including heatpumps for year round comfort.Many living options on offer here ,Home & income or leave the current tenants in place and collect the current weekly $1535 income. These are on individual cross lease titles but will be sold together. Great landbank opportunity here for the future.
Enjoy close proximity to local amenities. schools, parks and convenient access to local transportation routes.
Don't miss out on this rare investment opportunity in a high demand location, Please contact Neil for viewing options.
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