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81 Lake Road,
Frankton, Hamilton City

18 bedrooms
10 bathrooms
10 car spaces
1,131m² land size
550m² building size
House

NZD 2,310,000

Property details

Chattels

  • Stove
  • Extractor Fan
  • Light Fittings
  • Floor Covers

Significant Returns Await

We are selling a block of 10 flats, which are split into two blocks, a block of 6 x 2 bedrooms, and a block of 2 x 1 and 2 x 2 bedrooms, all on the one title. Situated on a large 1,130m2 section with loads of off street parking at the rear of the building available. The walkway three doors down from the property makes for easy access into Hamilton CBD, and likewise an easy stroll to Frankton Shopping Centre. The property has had a new roof installed in 2018 which is an added bonus along with improvements to meet the Healthy Homes standards.

Currently returning $187,720 pa as of today, with a couple of rent increases in place over the next couple of months.

Call Don Sargent 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
  • Maeroa Intermediate Intermediate Years 7-8 State 1.5km
  • Hamilton West School Full primary Years 1-8 State 1.5km
  • St Columba's Catholic School (Frankton) Full primary Years 1-8 State integrated 1.8km
  • Hamilton East School Primary Years 1-6 State 1.8km

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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