4/3 Somerset Street Frankton, Hamilton City

FULLY TENANTED - AN INCREDIBLE RENTAL INCOME OF $1,175 PW!
ONLY 5 MINUTES WALK TO THE CENTRE OF HAMILTON CITY

VIEW BY APPOINTMENT

This investment property is situated in a prime location only a few minutes walk from Seddon Park, FMG Stadium, and the Hamilton Central Business District. The location is excellent and has a high occupancy rate.

A rare opportunity for an astute investor. This is an ideal investment with four furnished studio rooms in a low-maintenance Apartment. The property will be returning an incredible rental income of $1,175 PW from the 30 th June 2025. The owner pays for the internet and the power for the property.

The positives are:

• All studios are fully tenanted & furnished
• An incredible rental income of $1,175 PW from 30 th June 2025
• Built in approximately 2015 of low-maintenance materials
• Quality construction throughout with three storeys
• An extensive list of chattels included in the sale
• Body Corp Levy & Building Insurance - $4,985.24 PA

Each studio has its own ensuite plus kitchenette and comes complete with a double bed, two-seater couch, TV, bar fridge, microwave, wall-mounted heater, etc. The downstairs features a shared lounge, dining area, and a fully equipped kitchen including a fridge/freezer. There is a laundry equipped with a washing machine and dryer. On the ground floor is a large double garage for the tenant's use.

This property is offered for sale complete with furniture and chattels. You will need to make a time to look through it. Please call the listing salesperson, Kevin Benge, now on 0210666972 for further details to avoid disappointment.

PLEASE NOTE - Images have been virtually staged for marketing purposes

PLEASE NOTE: Specified floor and land area sizes have been obtained from sources such as Property Guru, Hamilton City Council (LIM), or Title documents. They have not been measured by the Salesperson or Online Realty Ltd. We recommend you seek your own independent legal advice if these sizes are material to your purchasing decision.