LJ Hooker Ngaruawahia
Real Estate Agents
- Listing #:
- L30986953
- Listed:
- 15 days ago
Deadline Sale (unless sold prior)
Golden opportunity awaits!
350 Te Rapa Road, Beerescourt, HamiltonResidential House
-
- 4 Bedrooms
-
- 2 Bathrooms
-
- 1 Car Garage
-
- 1 Covered Car Park
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- 766m2 Land Area
About this property
This is an opportunity not to be missed, situated on a generous 766sqm section, in an awesome location in Te Rapa. This property offers two separate homes, a solid three bedroom brick property and a separate one bedroom home with a garage.Both properties are currently rented and generate a rental return of $935 per week, increasing to $975 per week in December this year.
For investors and developers, this property presents an exciting opportunity with subdivision potential, and proposed zone change in Hamilton City Council plan change 12, enabling high density residential housing. Explore the possibilities to maximize returns in this growing market. (Please note you will have to complete your own due diligence). Flanked by residential dwellings, used as office premises, this presents another potential opportunity with council consent.
A perfect spot for the extended family or live in one house and receive a passive income from the other. So, if you are looking for multi-family living, potential business premises, or an investment opportunity, this property has it covered.
Current owners have enjoyed the returns for the past 10 years - don't miss out on your chance to own this incredible opportunity!
Contact the listing agent Shayne to arrange a private viewing or to request more information.
Closes by Deadline Sale, 13 November 2024 at 12pm (unless sold prior).
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