1-14/897 Heaphy Terrace Claudelands, Hamilton City

Opportunities like this, and in this location, are seldomly seen. The property, a block of 14 flats, comprising 10 x 1 and 4 x 2 bedrooms, on 1,411m2 of land, are all on their own separate Cross lease Titles, allowing the new owner the potential to at some stage sell off individually. The separate titles may also make bank borrowing that much easier.

11 out of the 14 flats/apartments have been refurbished, featuring new kitchens, bathrooms, and heat pumps. The property is currently returning $192,660 gross per annum, with room to increase. Situated opposite Claudelands Park, a short walk to the Claudelands Event center, 5 Cross Roads shopping center, and a short drive to the Hamilton CBD. This property is a credit to the current owners, who have owned the property for 16 years