Property For Sale in Frankton, Hamilton, Waikato | For Waikato Real Estate, Choose Eves

Multi Tenant Investment - Frankton Sold

Hamilton, Frankton 37 King Street

Property ID: EHVC11745

Location, Location, Location. Its the only think you cant change once you have invested your hard-earned money. King Street is by far one of Hamilton's most desirable Streets, not only for investors but also and quite possibly more importantly for Tenants. This property featured a substantial 600m2 concrete building divided into three tenancies. On a valuable 948m2 freehold site with dual vehicle access via the Lake Road/ Devon Road service lane. The three tenancies are currently returning $58,800pa Central Frankton and in particular King Street is well placed to benefit from the surge in inner city development, both residential and commercial/office. Which means that this part of Hamilton will look vastly different in ten years time. Don't miss this chance to be a part of it all. This property can be purchased for $1,300,000 showing a return of 4.5%. Contact the Vendors sole agent now for your appointment to view Darren Anderson 021 933 570

Land Area:

948 square metres (approx)

 

*Please note: the floor area and property information was sourced from Property Guru and/or LINZ.