16 Hockin Place Fairfield, Hamilton City

Opportunity knocks to purchase this exciting property, to collect the rent in the meantime and to develop the property at a later date.

The 852 sqm freehold section has development potential written all over it. A quiet cul-de-sac in Fairfield which is only a few minutes drive to the central business district. An excellent opportunity for further development.

There is a 110 sqm house situated on the site. The house has three bedrooms, one kitchen and one bathroom. The added bonus of plenty of off-street parking.

The house is built of weatherboards, wooden windows and a tile roof. The property is currently rented at $345 per week on a periodic tenancy. The rental appraisal for the property is $400 to $450 per week. The house is property managed by Ray White Property Management.

There's a great opportunity to get the jump on the market and to start planning and working with Council to obtain the necessary permits and consent to be able to build new properties. Take advantage of the new build tax incentives at this property.

Please call the listing salesperson Kevin Benge now of 0210666972 for further details on this property.

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.