32 Wellington Street Hamilton East, Hamilton City

Well positioned within a short walk to Hamilton East Village, and across the road from Steel Park, make this property a must see for any investor focused on Location.

The property, a block of 6 x 2 bedroom flats and a 3 bedroom 2 bathroom home, is also sitting in prime position for future redevelopment, with a 845m2 section, within a High Density zoning. Currently returning $108,680 gross pa, with a rental appraisal suggesting a return of somewhere between $126,000 to $133,000 gross pa.

The upstairs flats feature large sun drenched decks, and the lower flats feature private well fenced courtyards giving an indoor/outdoor flow, both of which is seldomly seen in a 1970's block of flats. Each flat is approximately 55m2 and of solid concrete block construction.

The house, a 1940's Bungalow, is in very good condition, and features a Heat pump, rangehood, extractor fans, is insulated, and has good parking. The property also has a recently sealed new driveway and fencing.

Investments of this calibre are in short supply, so here is a great opportunity to secure an investment property, and secure your financial future.

Viewings are by appointment only, so call me today on 027 766 0080 for further information, or to book a viewing.