Attention Savvy Investors! Seize this exceptional opportunity in the heart of Frankton, a prime location boasting a robust rental market. With 64.0% of its 6,750 residents renting, Frankton presents a compelling landscape for property investment, and this gem is perfectly positioned to capitalize on that demand.
Property Highlights:
2 Bedrooms, 1 Bathroom, 1 Car Garage: A sought-after configuration appealing to a wide range of tenants.
Prime Location: Enjoy the convenience of being so close to bustling shopping centres, bus stops, childcare centres and the stunning Swarbrick park.
Established Rental Income: Currently rented at a solid $500 per week, providing immediate cash flow.
Exceptional Tenants: Benefit from the peace of mind that comes with lovely, long-term tenants who diligently care for the property and are eager to continue their tenancy.
Untapped Potential: With Frankton's median rent at $530, there's clear scope to increase your yield and maximize your return on investment, possible gross yield return of 5.1%.
This property isn't just a dwelling; it's a strategic asset in a high-demand rental market. Lowering interests rates and steady property market makes the perfect landscape to capitalize now and rip the rewards later. Don't miss your chance to secure an affordable, solid brick property with fantastic tenants, immediate income stream, and significant growth potential.
Contact Karina on 0220434770 to secure a viewing before is gone!
This property is to be sold by way of Deadline Sale and closes at 3:00 pm on Tuesday 11th November 2025 (unless sold prior). Offers to be delivered to Ray White Hamilton,18 London St, Hamilton.
PLEASE NOTE: Specified floor and land area sizes have been obtained from sources such as Property Guru, Hamilton City Council (LIM) or Title documents. They have not been measured by the Salesperson or Online Realty Ltd. We recommend you seek your own independent legal advice if these sizes are material to your purchasing decision.