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16C Lyon Street,
Frankton, Hamilton City

2 bedrooms
1 bathroom
1 car space
88m² building size
Unit

NZD 500,000

Property details

Chattels

  • Cooktop Oven
  • Rangehood
  • Extractor Fan
  • Dishwasher
  • Waste Disposal Unit
  • Heated Towel Rail
  • Light Fittings
  • Floor Covers
  • Blinds
  • Curtains
  • Drapes
  • Garage Door Opener

NEW YEAR, NEW HOME

Attention first home buyers, savvy investors and Downsizers! Seize this exceptional opportunity in the heart of Frankton, a prime location well connected and close to shopping centres and amenities.

Property Highlights:
2 Bedrooms, 1 Bathroom, 1 Car Garage: A sought-after configuration appealing to first home buyers, retirees and smart investors
Prime Location: Enjoy the convenience of being so close to bustling shopping centres, bus stops, childcare centres and the stunning Swarbrick park.
Established Rental Income with Exceptional Tenants in Place: Currently rented at a solid $500 per week, providing immediate cash flow and peace of mind of having lovely, long-term tenants who diligently care for the property and are eager to continue their tenancy.
Untapped Potential: With Frankton's median rent at $530, there's clear scope to increase your yield and maximize your return on investment. Recent rental appraisal suggest rent could be substantially increased to meet the rental market

This property isn't just a dwelling; it's a strategic asset. Lowering interests rates and steady property market makes the perfect landscape to capitalize now and rip the rewards later. Don't miss your chance to secure an affordable, solid brick property with fantastic tenants, immediate income stream or your perfect first step into the property ladder.

Contact Karina on 0220434770 to secure a viewing before it's gone!

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

  • Frankton School Primary Years 1-6 State 0.35km
  • Rhode Street School Full primary Years 1-8 State 0.66km
  • St Columba's Catholic School (Frankton) Full primary Years 1-8 State integrated 0.77km
  • Aberdeen School Primary Years 1-6 State 1.0km
  • Maeroa Intermediate Intermediate Years 7-8 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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