Neighbourly Premium Business
Lodge Real Estate - Rototuna
Real Estate Agents
- Listing #:
- L35788905
- Listed:
- 115 days ago
By Neg
Two Dwellings. 2.48ha. Future Urban
87A Kay Road, Flagstaff, HamiltonOther
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- 8 Bedrooms
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- 4 Bathrooms
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- 3 Car Garages
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- 2 Covered Car Parks
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- 522m2 Floor Area
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- 2.4 Hectares Land Area
About this property
VIEWNG BY APPOINTMENT - Contact Jay 021 0837 3927Located in one of Hamilton's most sought after northern growth corridors, this 2.48ha Flagstaff property presents an outstanding opportunity for land bankers and future focused investors. Sitting directly across the road from a fully developed, high end subdivision, the site falls within the Waikato District Council's Future Urban zoning, offering serious long term potential in a rapidly expanding area.
Positioned just minutes from the new Waikato Expressway, the location offers excellent connectivity north toward Auckland and south into the heart of Hamilton. It is zoned for some of the city's top schools, including Te Ao Marama, Horsham Downs School, Rototuna Junior and Senior High Schools, making it a premium family friendly address in a high demand suburb.
Currently, the property hosts two dwellings, generating a strong combined rental return of $1310 per week. The main dwelling is a large Tudor style two storey home with six bedrooms, three bathrooms, spacious living areas, a home office, heat pumps and a flued wood burner. The separately accessed minor dwelling includes two bedrooms, open plan living, a bathroom, and garaging. While both homes are dated, they offer plenty of scope to add value and potentially increase rental returns over time.
A workshop, single garage and carport also sit on site, adding further utility. With future urban zoning, strong holding income, and a location that continues to see high growth and demand, this is a rare and strategic opportunity in Flagstaff you do not want to miss!
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