A MULTI GENERATIONAL ASSET

SOLD

8 Images

A MULTI GENERATIONAL ASSET

1167 Victoria Street, Whitiora, Hamilton

560

1,062

This double storey multi-unit investment is offered for sale on the Market for the first time having been built over 40 years ago. This speaks volumes on the calibre of the block as a long term investment.

Consisting of 5x 1 bedroom units + 5x2 bedroom units returning approximately $2760 per week.

The block has been well maintained having been re roofed and repainted on the exterior. While the interiors are presentable the units could be further renovated to unlock potential for higher rental returns and capital gains.

Sitting on a 1016m2 freehold title with good off-street parking. Close proximity to Hamilton CBD, sports stadiums and good local transport routes make this location incredibly attractive. Enjoy the high yielding, passive cash flow or explore the potential offered with the visitors facility zone, which may provide potential for alternative uses such as a boutique motel or an Airbnb operation. A block like this won’t last long. Call Vaughan for more information