Frankton

3/12 Blackburn Street

Negotiation

3 Bed

2 Bath

1 Living

1 Garage

5.7% Gross Yield & Low Body Corp

Not to be overlooked – a well-designed, modern townhouse offering strong rental return, low body corporate costs, and easy access to key Hamilton amenities. Positioned in a highly convenient location, this modern townhouse delivers a practical and low-maintenance lifestyle with strong appeal for both investors and first home buyers. The home features a smart, well considered floorplan with no wasted space, offering three bedrooms, two bathrooms, an additional toilet and a single internal access garage. The open plan kitchen and living area forms the hub of the home, creating a functional space for everyday living and entertaining. Body corporate fees are currently relatively low at approximately $2,539 per annum, which also includes insurance — a key cost-saving advantage compared to many similar developments. An existing tenant is in place on a periodic tenancy paying $645 per week and given the opportunity would like to remain, providing immediate income for investors. This represents a favourable gross rental return of approximately 5.7%+. Location is where this property truly performs. You are within easy reach of the Dinsdale Shopping Centre precinct, offering supermarkets, medical, retail, a fuel station, library facilities, and everyday essentials. Nearby green spaces such as Bremworth Park and Swarbrick Park provide outdoor options, while Hamilton Lake, the CBD, and Waikato Hospital are all easily accessible. Zoned schooling options include Rhode Street School and Frankton School, with other schools conveniently nearby including St Columba’s Catholic School. Whether you’re looking to secure a solid investment with immediate income, or stepping into the market with a well-located and affordable first home, this property presents a straightforward and compelling opportunity. The property files for this listing can be downloaded directly from the listing on the Lugtons website, or reach out to me directly.

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Sunday 17th May

11:00am - 11:30am

Negotiation

Negotiation

SPECIFICATIONS
Land Area
Floor Size 119m²
Rateable Value $570000
Rates $3,171.94
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