Listing #LC22086
Hospital - Multi Unit Investment
7 Bed
3 Bath
3 Car
2 A,B,C Beatty Street, Melville
Positioned on a prominent north-facing corner site just a short walk from Waikato Hospital, this well-presented multi-unit investment offers the sort of location, flexibility and income profile that you want to have.
With three separate titles and a combined landholding of 1,007sqm (more or less), the property comprises three tidy residential units configured as two x 2-bedroom units and one 3-bedroom unit. With strong rental appeal to hospital staff and other local tenants, expect total rent in excess of $1,500 per week.
Well maintained and offering good on-site parking, this is an attractive cashflow investment which also benefits from future upside. Whether you're looking for a hands-off hold, a strategic landbank, a potential change in use or a property with scope to further add value over time, 2 Beatty Street deserves serious consideration.
Opportunities to secure a multi-income residential investment in such a tightly held hospital precinct are few and far between. This is a smart acquisition for investors seeking strong cashflow, underlying land value and long-term strategic appeal.
For further information or to arrange an inspection, contact Vaughan Heslop - the Multi-Unit Specialist.
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