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House

116 & 118 Peachgrove Road Hamilton East, Hamilton City

Sold for $1,050,000 on 1 Oct 2020
  • 10 Beds
  • 4 Baths
  • 4 Cars
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116 & 118 Peachgrove Road, Hamilton East, Hamilton City

House in Hamilton East

Investors / Developers, Opportunity Knocking

  • 10 Beds
  • 4 Baths
  • 4 Cars

Time for the owner to move on to other projects, there are so many options here. This is a rare investment opportunity to purchase two individually titled duplex styled dwellings resting on a large 1136m2 (more or less) parcel of land in a popular Hamilton East location.

With mirrored layouts, each dwelling is around 150m2 (more or less) floorplan packed with content. Offering a large lounge with a combined kitchen and dining, the layout consists of four large bedrooms plus an additional front room in each dwelling. There are two separate toilets, two showers and a laundry room in each dwelling.

A fantastic addition to your property portfolio, there's existing long-term tenants in place currently returning $900 per week ($450pw each) with the potential to increase the rental to around $1100 - $1300 per week ($550-650pw each) with some refurbishment.

Located in great schooling zones including Hamilton Boys High and Peachgrove Intermediate which are both located just down the road - this convenient location makes for simple, easy living. Good bus routes heading in all directions over the city, Countdown Supermarket is just down the road and handy to both the University of Waikato and CBD.

Whether you're looking to invest, landbank or develop, explore your options.

Contact Gavin today on 0277555148 for further information or to arrange your viewing.

Please note both 116 and 118 Peachgrove Rd are being sold together.

Property ID:

34595

Building:

150m²

Land:

1,136m² / 0.28 acres

Parking:

4 garage spaces

Bedrooms:

10

Bathrooms:

4