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Demo, Redevelop or Refurbish

1/1-5 Palmerston Street - SOLD, Hamilton Central, Hamilton

    • Auction

    • 3

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Property Information
Opportunities this good do not come by often, up for sale by way of auction is five, three-bedroom townhouses in need to repair, remedy or replacement.

In close proximity to Countdown supermarket, Waikato River walkway, Waikato Hospital and Hamilton Lake. Also, within easy walking distance of the numerous cafes, eateries, restaurants and bars that are on offer within Hamilton’s southern hospitality precinct.

 

• Stunning north eastern facing corner site towards the southern end of the CBD

• Land area of 1,012m2 in a highly desirable location

• 5 executive townhouses with well-presented interiors, including extensive balconies or roof terraces 

• High yielding holding income of circa $160,000pa

• Residential Intensification zoning allows for a number of future options

• 5 Unit Titles comprise the entire freehold offering

 

This is a prime redevelopment, refurbishment or development opportunity and the vendor's instructions are clear they want these SOLD. A Building Report and LIM is available upon request, call YOUR team, Ray Mitchell 021990413 now to view and seize this unique opportunity.

For more information http://www.propertyfiles.co.nz/property/481030001
Property Type Apartment
Bedrooms 3

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