Listed: Mon, 8 Sep

Frankton Fringe

1 Lyon Street, Frankton, Hamilton, Waikato

To be sold by auction on 9 Oct, 2:00 pm

6+ Beds
4 Baths
4 Living areas
1200m² Land

Other Features

4 Separate toilets
4 Garage parking

Attribute	Value
Property type	House
Capital value (CV)	$1,800,000
Parking	4 garage spaces
Agency reference	HM57633
Broadband in the area	Fibre, ADSL, Satellite, Wireless

Covering All Bases Estate Property Astute investors, extended families, or those seeking a home-and-income opportunity will instantly recognise the value here. With multiple possibilities including future land-banking, this property offers options rarely found. Situated on a 1200m² site in the Frankton commercial fringe zone, this unique block of four x 2-bedroom units on one title, built in the 1980s, will certainly impress.

Currently fully tenanted with secure periodic tenancies
Returning $105,040.00 per annum with potential for future improvement
Low-maintenance brick exterior, aluminium joinery, and tile roof
Each unit ( approx. 100m2) features single internal access garaging plus additional off-street parking
Plenty of room to add value or tailor to your own vision The location is unbeatable-just a short walk to the local dairy, Dinsdale Shopping Centre, parks, schools, childcare, public transport, and with easy access to the CBD and expressway. This long-held family estate is seriously for sale. LIM report will be available on request