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House

15 Marire Avenue Frankton 3204, Hamilton City

Sold on 23 Aug 2016
  • 8 Beds
  • 4 Baths
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House in Frankton

Invest or Develop?

  • 8 Beds
  • 4 Baths

An investment opportunity with a twist. The investment is made up of 4 income streams - a 3 bedroom home, an attached bedsit and a 2 x 2 bedroom duplex. Returning $42,640 gross per annum. The propertiesneed work, however are situated towards the end of a cul-de-sac in a well established street and are very close to the Hamilton CBD and Frankton Village.

Redevelopment - This 4406m2 section with fantastic gully views is also ripe for development. Sections like this, so close to the city centre are very hard to find, so this property will no doubt create alot of interest.

Invest in this property, collect the income and redevelop in the future. Land like this will only appreciate in value going forward. Call me now to inspect.

Features:
  • Electric Hot Water
  • Standard Kitchen
  • Open-Plan Dining
  • Separate Bathrooms
  • Electric Stove
  • Ceilings: Pinex, Gib
  • Insulation: Roof
  • Joinery: Wooden/Ali
  • Wooden Base
  • Partially Fenced
  • Iron Roof
  • Weatherboard Exterior
  • Concrete Block Exterior
  • Fair Exterior Condition
  • Single Storey
  • Level Section Contour
  • Sloping Section Contour
  • Steep Section Contour
  • Mixed Section Contour
  • Bush Views
  • City Sewage
  • Town Water
  • Right of Way Frontage
  • Public Transport Nearby
  • Shops Nearby
  • Stove In Front House Needs Repairing

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Chattels:
  • Curtains
  • Drapes
  • F/Floor Cover
  • Garden Shed
  • Light Fittings
  • Stove
  • 2 X Garden Sheds
  • 4 X Stoves

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Building:

260m²

Bedrooms:

8

Bathrooms:

4

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