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88 Lake Road, Frankton, Hamilton City

Estate Sale – 10-Unit Block in Frankton

gavel

Auction

Apartment
Apartment
Bedroom
15
Bathroom
10
Floor area
570m2
Land area
1011m2
Title type
Freehold
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Open homes

Tuesday
12:00pm - 1:00pm
14
Oct
Thursday
12:00pm - 1:00pm
16
Oct

Auction

Thursday
11:00am
96 Ulster Street, Hamilton
30
Oct

Property details

Listing # 5820008 | Listed on 3 October

A rare opportunity has arrived in the thriving hub of Frankton. On offer is this solid block of flats comprising five x two-bedroom units plus five x one-bedroom units plus a garage, currently returning $144,155.00 gross per annum with clear scope to add value.

Built strong in block construction, this property is ready for a new owner with vision. Some tenants have called this home for over 20 years, testament to both the location and demand. With renovations and upgrades, there is plenty of potential to lift returns and enhance capital value.

Situated in a prime position close to the CBD, Lake Rotoroa, FMG Stadium and Seddon Park, this estate sale presents itself as an exceptional investment opportunity.

  • 10 income-producing units
  • Strong rental history
  • Plenty of room for improvement

To be sold by auction

Opportunities like this are seldom available – secure your future investment today.

See Neil for an info pack.

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Additional features

Roofing: Steel/G-Iron
Lot Features: Fenced - Partial, Street Frontage

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