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SOLD
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ADD VALUE
259 Maeroa Road, Maeroa, Hamilton
10
6
If you're looking for an add value opportunity or high yielding Bricks and Mortar then 259 Maeroa road is a must see. This double storey multi-unit investment block consists of 4 x 2 bedroom units plus 2x 1 bedroom units. Significantly under rented at present, rent appraisals show that a new owner can calculate on market rents of around $1,740 per week or possibly more. Largely in original condition, the units lend themselves to a renovation to unlock higher rental returns and capital gain. Close to the CBD, sports stadiums and good local transport routes, its easy to see why this location is so appealing. Situated on a 809sqm freehold title with plenty of off-street parking. Explore the potential
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Interior
Aluminium Joinery
Gas Hot Water
Electric Hot Water
Electric Stove
Address
259 Maeroa Road, Maeroa, Hamilton
Price
SOLD Oct 20
Type
Block of Units
Bedrooms
10 Bedrooms
Bathroom
6 Bathrooms
Listing ID
LCOM218
Office
Lodge Commercial
Price
SOLD Oct 20
Vaughan Heslop
Commercial & Multi Unit Dwelling Specialist
m.
021 400 515
b.
(07) 858 3331
vaughanh@lodge.co.nz
Lodge Commercial
28 Harwood Street
Hamilton Central
Hamilton, 3204
b.
(07) 858 3331
f.
(07) 839 1888
www.lodgecommercial.co.nz
commercial@lodge.co.nz
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