Freehold : CBD Hamilton | Accommodation Investment

Asset sale: immediate scale, income producing portfolio

Hamilton CBD real estate investment portfolio comprising 14 stratum in freehold apartments in one transaction, designed for short- or long-term residential or business use. 

Mostly, all apartments benefit from 100% occupancy. This investment secures a long-term capital asset with holding income, with a variety of income-generating opportunities, such as short-term hotel operation with guest self-check-in/check-out options, or STR (short term rental) options.

41 Ward Street recently underwent extensive building renovation. The Code Compliance Certificate for the renovation was issued in May 2023.

Key facts

• $4,850,000 Council RV: 14 CBD fully contained apartments
• $314,200 gross annual rental, offers immediate leveraged income
• Zoned Central City, Precinct 1 (Downtown), unlocking future operational potential
• 69% IEP and fully compliant
• Individual titles provides flexibility – retain or sell down individually to realise capital

This opportunity will suit investors, accommodation operators seeking a CBD portfolio, syndicates, corporate investment for staff and visitors to the region, family investment groups - unlimited options.

Asking price: $4,850,000

Please complete the NDA and contact Lindsay Sandes, LINK’s accommodation specialist.

Lindsay Sandes, 021 895 940, lindsay.sandes@linkbusiness.co.nz

*Please refer to the LINK website for full disclaimers.