FUTURE URBAN LANDBANK WITH RETURNS
Situated on the city boundary this is one of those rare opportunities to secure a site of some 2382sqm with future development potential whilst enjoying a rent return of around $75,000 per annum over 3 tenancies. Located beside the sought-after North-Eastern suburbs of Hamilton that are always sought-after due to their close proximity to large suburban retail, decile 10 schooling options and arterial routes to the city and north. Explore the various exciting possibilities ( subject to council approval ) with your architect, planner or builder and discover the substantial potential or alternately sit back and bank the returns as your landbank grows in value.
On offer, we have 2 freehold sites being
128 Gordonton Road 1014sqm 5 Bedroom home and storage facility
132 Gordonton Road 1368sqm 1920's home with 3 bedrooms and a stand-alone 3 bedroom dwelling
The properties will be sold together on auction day which is 14th October 2020.
Do not miss this amazing opportunity -- contact Glenn or Sonia for further information.