Frankton, Waikato

Purchasing with vacant possession and with a motivated vendor comes genuine opportunity.5/16 Paterson Street offers a smart, low-maintenance option that is ready to deliver from day one, with a rental appraisal of $540-$580 this is one that should not be slept on. Built in 2017, this two-bedroom, one-bathroom unit is well suited to investors and first home buyers alike, offering a practical and functional layout with a light-filled living area, well-appointed kitchen and two comfortable bedrooms. The modern construction provides peace of mind, while the easy-care design keeps ongoing maintenance to a minimum.Adding further appeal, the property includes two dedicated car parks along with ample off-street parking, ensuring convenience for both residents and visitors.What sets this property apart is the immediate income potential, with the property currently tenanted on a periodic tenancy, providing steady returns from day one. The property attracts strong rental demand, with continued appeal in this high-demand location.Positioned in a convenient Frankton location, the property is close to local shops, transport links, Waikato Hospital, and only a short drive to Hamilton CBD, making it an attractive option for tenants and owner-occupiers alike. This is an area known for its accessibility and consistent rental demand, further strengthening its investment appeal.Whether you are looking to add to your investment portfolio, secure a lock-and-leave, or step onto the property ladder, this is a versatile opportunity that ticks all the right boxes.Opportunities like this, with a motivated vendor and immediate returns, are increasingly hard to find, early enquiry is strongly encouraged.Contact Finn today to arrange a private viewing.