142 Old Farm Road + 84 Cameron Road

Description

The property consists of 2 x 1970s brick flats on a corner section. With a colour steel roof and aluminium joinery they are a low maintenance, solid investment. In original condition, there is plenty of scope for both value and rent increases from simple cosmetic improvements.

Currently under rented by around $130pw.

The corner site allows for two entranceways and with the land being high density zoned, there is plenty of opportunity here in the future for development potential. All around this property there are recent townhouse complexes.

PROPERTY DETAILS
  • Bedrooms: 4
  • Bathrooms: 2
  • Car parking: 2
  • Floor area: 130
  • Land area: 597
  • Estate type:
  • Rental status: Tenanted for $870 ($450pw _ $470pw)
  • Rental appraisal:$980pw-$1,020pw
AMENITIES

Close to Waikato University, multiple levels of schooling, the new Ruakura Inland Port and the sought after Hamilton East shopping area.

LOCATION
  • $842,000
  • Rental appraisal: $980pw-$1,020pw
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ABOUT THE AGENT

Ben Meehan

Licensed Salesperson
REAA 2008