Listing Description
Whoppatunity: Investment Property on CBD Fringe
21 Richmond Street, Whitiora, Hamilton, Waikato
Price by negotiation
Details
Attribute | Value |
---|---|
Property type | Apartment |
Capital value (CV) | $1,660,000 |
Agency reference | EHV18527 |
Broadband in the area |
Description
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.