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Residential Cash Machine

4 Hill Street, Hamilton Lake

Investment Opportunities
dollar

Negotiation

Floor area
730m2
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Property details

Listing # 67034008 | Listed on 17 April

Your chance to own this 32 room residential accommodation facility on the edge of Hamilton’s CBD, walking distance to the CBD, Wintec, Lake Rotoroa, Hamilton Transport Hub and supermarkets.

The property is leased out on commercial terms returning $210,125p.a net. Freehold titles and an ‘A’ Grade seismic rating complete the offering.

Asking $3,475,000 Neg (plus GST, if any)

Sit back and enjoy the income.

Call the sole agents for an information memorandum.


Features:

  • Returning $210,125p.a net
  • Commercial lease
  • Six (6) year lease in place
  • 'A' Grade seismic rating
  • Annual CPI reviews
  • Freehold titles


More information: https://www.colliers.co.nz/p-NZL67034008

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