Dual income from two separate tenancies on one title
7.5% gross yield at $900,000 purchase price
Large 890m² land holding with future upside
$120 per week cashflow positive after all expenses
Strong rental demand in Hamilton residential market
Overview
About this property
A Hamilton multi-income property comprising a 3 bedroom house and a 2 bedroom unit on a generous 890m² freehold site. The property generates $1,290 per week across two tenancies, delivering a 7.5% gross yield and $120 per week positive cashflow after all expenses including rates and insurance. With a combined floor area of 170m² and a large land holding, this property offers solid income with future development potential.
