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1-10/16 Oakley Avenue,
Claudelands, Hamilton City

20 bedrooms
10 bathrooms
1,214m² land size
560m² building size
House

NZD 2,460,000

Property details

Chattels

  • Cooktop Oven
  • Wall Oven
  • Rangehood
  • Extractor Fan
  • Light Fittings
  • Floor Covers
  • Curtains

First Time Offered- Multi-Unit Opportunity

A rare investment opportunity presents itself with this substantial block of 10 x 2-bedroom flats having been built in the 1970s for the current owner, now reluctantly offered to the market for the first time.

Designed with practical, north-facing open plan layouts, the complex provides comfortable and functional living spaces that continue to appeal to long-term tenants. Well positioned close to town and all public amenities, the property offers exceptional convenience, further enhancing its rental demand and overall appeal. Excellent onsite carparking adds to the practicality of the site, supporting everyday ease for residents and visitors alike.

Generating a strong and consistent income stream, supported with a rental appraisal of $218,000 gross per annum, with 2 of the units vacant for marketing purposes, making it a solid addition to any investment portfolio.

Opportunities of this scale, location, and income profile are seldom available and are highly sought after. Call Don Sargent to arrange a viewing today - 027 766 0080 or Renee Boleyn 027 729 9448

PLEASE NOTE: Specified floor and land area sizes have been obtained from sources such as Property Guru, Hamilton City Council (LIM) or Title documents. They have not been measured by the Salesperson or Online Realty Ltd. We recommend you seek your own independent legal advice if these sizes are material to your purchasing decision.

Explore the area

Static map image for property View in Google Maps

School catchments

  • Whitiora School Full primary Years 1-8 State 1.1km
  • Woodstock School Primary Years 1-6 State 1.1km
  • St Joseph's Catholic School (Fairfield) Full primary Years 1-8 State integrated 1.3km
  • Southwell School Full primary Years 1-8 Private 1.4km
  • Te Wharekura o Kirikiriroa Composite Years 1-15 State 1.4km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check enrolment zones and eligibility with the school. School data © Ministry of Education, licensed under CC BY 4.0.

Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.

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