69 May Street, Hamilton East —

Positioned on a corner site with two street entrances on the corner of May Street and Cameron Road. With public bus routes at the doorstep and a short walk to the Waikato University and a rapidly expanding Ruakura superhub the prospects here are evident. Tenants love the convenience of shops, schooling, parks, and many facilities in the area. This will continue attracting working professionals, retirees and students, ensuring you the best selection of occupants and likelihood of strong income growth. Currently generating a rental income of $900 pw and positioned on 634sqm of freehold residential intensification zoned land. Revel in the steady stream of passive cashflow with significant upside or if you choose, refurbish or landbank while you envision a future development. The property offers a variety of possibilities including use as a home and income. If you are seeking long term capital gains prospects and excellent returns from the investment, this May be just perfect. #LCOM860 #LC19014