ADD VALUE

Auction

  • Bedrooms: 10 10
  • Bathrooms: 6 6

259 Maeroa Road, Maeroa

Property Information

  • Property ID: LCOM02609
  • Location: 259 Maeroa Road, Maeroa
  • Category: Unit
  • Rooms: 10 Bedrooms, 6 Bathrooms
  • Joinery: Aluminium
  • Price: Auction (Unless Sold Prior)
If you're looking for an add value opportunity or high yielding Bricks and Mortar then 259
Maeroa road is a must see.
This double storey multi-unit investment block consists of 4 x 2 bedroom units plus 2x 1
bedroom units.
Significantly under rented at present, rent appraisals show that a new owner can calculate
on market rents of around $1,740 per week or possibly more.
Largely in original condition, the units lend themselves to a renovation to unlock higher rental returns and capital gain.
Close to the CBD, sports stadiums and good local transport routes, its easy to see why this location is so appealing. Situated on a 809sqm freehold title with plenty of off-street parking.
Explore the potential

Auction

  • Wednesday 28th October 2020 - 12:30pm
  • Auction address: Lodge Auction Rooms, 935 Victoria Street, Hamilton

Agent Details

Vaughan Heslop
Vaughan Heslop
W 07 838 0042
M 021 400 515
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Recent Suburb Sales

Date Address Price
June 2020 Windsor Road $635,000
February 2020 Windsor Road $601,500
November 2019 Rimu Street $532,500
October 2019 Carey Street $652,500
October 2019 Churchill Avenue $575,000
September 2019 Hobson Street $628,100
August 2019 Maeroa Road $440,500