Listing #LC22060 98 Views
Renovate & Reap The Rewards
92 & 94 Peachgrove Road, Hamilton East
Offers
Opportunities to secure genuine add-value investments in zone for Hamilton Boys High school are scarce.
Positioned on a substantial 1,227sqm (more or less) across two titles, this four-unit investment property offers the ideal project for investors, renovators or landbankers looking to create value. Comprising two 3-bedroom units and two studio units, the property currently generates $1,360 per week in rental income, providing strong cashflow along with upside. While the property would benefit from refurbishment, the fundamentals are difficult to ignore. A large landholding, dual titles, proven rental demand and a sought-after location within an easy walk of HBHS, public transport and recreational amenity. Whether you're looking to renovate to increase rents and improve the presentation or looking for a long-term hold while exploring the potential offered by the site's size and configuration, this is an opportunity to add significant value in a location where demand is consistently strong. Investment opportunities with this combination of income, land and upside are difficult to find. Contact Vaughan, the Multi-Unit Specialist, today to get further information or to arrange an inspection.
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