Listing Description
Lock and leave with income
8/6 Ken Browne Drive, Te Rapa, Hamilton, Waikato
Asking price $650,000
Details
| Attribute | Value |
|---|---|
| Property type | Apartment |
| Broadband in the area |
Description
The best of both worlds here with a lock and leave 2-bedroom apartment with a separate ground floor commercial tenant for income. The fixed term residential tenancy expires in March 2026 allowing the new owner to either occupy or re-let. The established ground floor commercial tenant returns $15,160 per annum on a fixed 2-year lease from 1/5/2025.
This well-appointed live/work unit has been designed to be occupied in two parts: First-floor apartment and ground floor warehousing each with separate amenities, power etc. The complex of 22 units provides off street car parking and convenient access to surrounding amenities.
Contact Anne-Marie or Blair for more information or to arrange a viewing.
Features:
- Ground floor warehousing and first floor accommodation
- 3 Allocated car parks per unit
- Potential to occupy the apartment in March 2026
- Ground Floor returning $15,160 p.a
- Apartment fix term to 20/03/26
- Total floor area of approximately 148 square metres
- Asking price $650,000 Plus GST (if any)
Open home times
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