Within walking distance of both the Hamilton CBD and Waikato Hospital, these two titles with a combined land area of 1373m2 and three dwellings currently under-rented for $1265 per week present an excellent opportunity that is very hard to find in the current market.
At 160 Pembroke, the 3 bedroom standalone character home currently rents for $450 per week. Neighbouring 162 Pembroke has a 3 bedroom character with 2 carport spaces, rented weekly for $440, plus a 2 bedroom with one carport space which rents for $375 per week. All of the periodic tenants are long term and keen to stay on. Current market appraisals offer a combined $1590 weekly income.
This is prime development land in a high profile sought after location, within close proximity of the CBD, Waikato and Braemar Hospitals, Hamilton Lake Domain and Frankton Village. Plus you're in zone for highly favoured Hamilton Boys' and Girls' High schools. Plan for your future and reap the benefits! Land of this calibre is certainly scarce so register your interest today.
Auction 10 Feb 2022 4/46 Andover Street, Merivale - Christchurch City
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