16C Lyon Street Frankton, Hamilton City

Attention Savvy Investors, first home buyers and Downsizers! Seize this exceptional opportunity in the heart of Frankton, a prime location well connected and close to shopping centres and amenities. With 64.0% of its 6,750 residents renting, Frankton presents a compelling landscape for property investment, and this gem is perfectly positioned to capitalize on that demand.

Property Highlights:
2 Bedrooms, 1 Bathroom, 1 Car Garage: A sought-after configuration appealing to first home buyers, retirees and smart investors
Prime Location: Enjoy the convenience of being so close to bustling shopping centres, bus stops, childcare centres and the stunning Swarbrick park.
Established Rental Income with Exceptional Tenants in Place: Currently rented at a solid $500 per week, providing immediate cash flow and peace of mind of having lovely, long-term tenants who diligently care for the property and are eager to continue their tenancy.
Untapped Potential: With Frankton's median rent at $530, there's clear scope to increase your yield and maximize your return on investment. Recent rental appraisal suggest rent could be substantially increased to meet the rental market

This property isn't just a dwelling; it's a strategic asset. Lowering interests rates and steady property market makes the perfect landscape to capitalize now and rip the rewards later. Don't miss your chance to secure an affordable, solid brick property with fantastic tenants, immediate income stream or your perfect first step into the property ladder.

Contact Karina on 0220434770 to secure a viewing before it's gone!

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.