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Whitiora

21 Richmond Street, Whitiora, Hamilton

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Floor plan
5 Bedrooms
5 Bathrooms
623sqm Land area SQM
Floor plan
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Whoppatunity: Investment Property on CBD Fringe


Located in a sought-after area just minutes from the CBD and Waikato Stadium, this property presents a compelling investment opportunity. The offering includes five studio units, each with a solid tenant base, ensuring a stable income stream of $60,000 per annum.

The property sits on a substantial 622sqm of residential high land, providing significant potential for both renovation and redevelopment. While the current condition requires some tender loving care, this presents a valuable chance to enhance the property's value or explore new development possibilities.

The vendors are highly motivated to sell, making this a timely opportunity for investors.

For more information or to arrange a viewing, please contact us. This is a prime chance to invest in a high-potential asset in a popular area, don't miss out!

Location: Prime position, close to the CBD and Waikato Stadium.

Property Details:
5 Studio Units: Each with a solid tenant base.
Land Size: 622sqm of residential high land.
Income: Generating $60,000 per annum.
Condition: Needs TLC - potential for renovation or development.
Vendors: Motivated to sell.

Asking Price NZ$1,300,000
Neil Ransfield

Neil Ransfield

Residential and Lifestyle Sales

Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Location


CBD fringe

Zoning


Residential Intensification

Layout


5 x studios

Parking


One space per studio

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