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1-6/16 Myrtle Street, Hamilton East, Hamilton City

Prime Hamilton East Investment!

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Auction

Unit
Unit
Bedroom
8
Bathroom
6
Floor area
60m2
Title type
Leasehold
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Thursday
1:00pm - 1:45pm
12
Mar

Auction

Thursday
11:00am
02
Apr

Property details

Listing # 2280248 | Listed on 11 March

Positioned in a prime Hamilton East location, this block of six flats offers investors the chance to secure a fully occupied multi-unit holding with immediate income and enduring rental appeal.
Comprising four one-bedroom units and two two-bedroom units, the property is currently returning $112,320 gross per annum and is operating at full capacity, making it an attractive option for buyers seeking a proven investment in a consistently popular location.

  • Six income-producing flats
  • Mix of 4 x one-bedroom and 2 x two-bedroom units
  • Returning $112,320 gross per annum
  • Fully occupied with established tenants in place
  • One off-street park per unit
  • Walking distance to Claudelands Arena
  • Zoned for Hamilton East School and Hamilton Boys’ High School
  • Situated in one of Hamilton’s most desirable rental suburbs

Well-positioned close to the CBD, Waikato University and key local amenities, Hamilton East continues to see strong tenant demand and long-term investor interest. Opportunities to purchase established blocks in this location are tightly held and rarely available.

Please note: the land area and property information were sourced from Property Guru and/or LINZ. Photos may have been digitally enhanced

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Additional features

Roofing: Steel/G-Iron

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