Easy care investment with committed tenants

Listed 18 Aug
114/124 Commerce Street, Frankton, Hamilton, Waikato
Asking price $495,000
Details
- Floor Area
- 64m²
- Parking
- 1 Parking Space
- Broadband
- ADSL, Fibre, Satellite, VDSL, Wireless


Easy care investment with committed tenants
Built in 2021, this contemporary two-bedroom, two-bathroom apartment delivers easy urban living in a secure, well-managed complex just moments from Hamilton’s most loved amenities.
Light-filled and cleverly laid out, the open-plan living area extends to a covered balcony that's perfect for unwinding outdoors, hosting a quiet drink, or simply enjoying the sunshine without leaving home. The modern kitchen features crisp cabinetry, quality appliances and a functional island bench, making everyday cooking practical as well as enjoyable.
Both double bedrooms are generously sized with good natural light, and the two tidy bathrooms offer convenience for flatmates, guests or visiting family. A designated secure carpark and lockable storage unit add real value, giving you room to store bikes, boxes or weekend gear - a rare bonus this close to the CBD.
The location is unbeatable. You’re within easy walking distance of Hamilton Lake, the FMG Stadium and the city center’s cafés, retail, supermarkets and transport links. With food outlets and shops right on your doorstep, this is a lifestyle that’s connected, convenient and incredibly low maintenance.
Currently returning $550 per week with tenants in place on a periodic tenancy, offering immediate income and added flexibility for investors or future owner-occupiers.
To experience this modern, secure and beautifully positioned city base that's ready to reward you from day one, contact Daniel Jury to set up a viewing or get the property documents.
Viewings by appointment only.
*AI editing has been used to remove some tenant belongings from images; however, no assets have been added.

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Local Schools
- WHITIORA SCHOOL38 Willoughby StreetRoll: 221
- FRASER HIGH SCHOOL72 Ellicott RoadRoll: 1420
- GO BANANAS CHILDCARE5 - 9 Hall LaneRoll: 88
- BESTSTART SOMERSET STREET7 Somerset StreetRoll: 58
- BESTSTART GREENWOOD STREET107 Greenwood StreetRoll: 66
- CURIOUS CUBS CITY EARLY LEARNING CENTRE150 Tristram StreetRoll: 81
- GO BANANAS CHILDCARE BOUTIQUE CENTRE82 Rimu StreetRoll: 15
- HAMILTON GIRLS' HIGH SCHOOLWard StreetRoll: 1783
- MAEROA INTERMEDIATEChurchill AvenueRoll: 701
- ST COLUMBA'S CATHOLIC SCHOOL (FRANKTON)50 Rifle Range RoadRoll: 486
- FRANKTON SCHOOLMassey StreetRoll: 732
- RHODE STREET SCHOOLRhode StreetRoll: 212
- HE PUAAWAI TEEN PARENT UNIT72 Ellicot Road
- ABERDEEN SCHOOLAberdeen DriveRoll: 726
- HAMILTON WEST SCHOOL36 Hammond StreetRoll: 713
- ST JOSEPH'S CATHOLIC SCHOOL (FAIRFIELD)88 Clarkin RoadRoll: 346
- WAIKATO DIOCESAN SCHOOL FOR GIRLS660 River RoadRoll: 675
- HAMILTON BOYS' HIGH SCHOOLPeachgrove RoadRoll: 2267
- SACRED HEART GIRLS' COLLEGE (HAM)52 Clyde StreetRoll: 933
Location info
Tour the property
There are currently no open home times scheduled, please reach out to the agent to find a time.
Video

Property insights
HomesEstimate
- Updated
- October 1, 2026
- Estimated value
- $500K - $535K
These are computer generated price guides only. For more information about this property, contact the agent.
RentEstimate
- Estimated rent
- Not yet available
- Rental yield
- Not yet available
More about RentEstimate and rental yield
Capital value
Summary of land value and improvement value. This is set by the council.
- Updated
- September 1, 2024
- Capital value
- $550,000
- Land value
- $270,000
- Improvement value
- $280,000
Capital Valuation and rates information is sourced from the relevant council. Confirm directly with the council before making any decisions based on this data.
Property trends
- Property estimate trend
- This home estimate range: 500K - 535K
- Suburb median
- Frankton: 580K
Past sales & timeline
- Capital Value
$550,000
- Capital Value
$660,000
- Sold
$525,000
- Capital Value
$420,000
- Decade built


