Multi Tenant Investment
Location, Location, Location. Its the only think you cant change once you have invested your hard-earned money.
King Street is by far one of Hamilton's most desirable Streets, not only for investors but also and quite possibly more importantly for Tenants.
This property featured a substantial 600m2 concrete building divided into three tenancies. On a valuable 948m2 freehold site with dual vehicle access via the Lake Road/ Devon Road service lane.
The three tenancies are currently returning $58,800pa
Central Frankton and in particular King Street is well placed to benefit from the surge in inner city development, both residential and commercial/office. Which means that this part of Hamilton will look vastly different in ten years time. Don't miss this chance to be a part of it all.
This property can be purchased for $1,300,000 showing a return of 4.5%.
Contact the Vendors sole agent now for your appointment to view
Darren Anderson 021 933 570
Sale Method
Asking Price $1,300,000 Plus GST (if any)
Property ID:
EHVC11745
Land Area:
948 square metres (approx)
*Please note: the floor area and property information was sourced from Property Guru and/or LINZ.
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