321 Parkway Ave, Hamilton East is a 15 bedroom, 2 bathroom House and was built in 1900. The property has a land size of 656m2 and floor size of 370m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 15 bedroom House sold in Hamilton East in the last 12 months.
CURRENT BID $1,408,888 - 8 QUALIFIED BIDDERS. The Openn Negotiation is underway (online auction with flexible terms for qualified buyers) and the property can sell as early as tomorrow. Contact Steve Dick on 0400 000 947 immediately to become qualified and avoid disappointment.
To be sold as one property these two residential houses are centrally joined to form one boarding house but could be easily split.
Situated just off Tudor Street in Hamilton East they are in a tremendously convenient location, close to schools, preschools, transport and shops. They could easily be two of the most convenient doer uppers going around. However, they are currently being used as a fully approved boarding house generating $142,740pa (Gross) with room to improve possibly up to $192,560pa (Gross) with some cosmetic improvements such as painting and new carpet.
This is a massive income when comparing to other residential investments. The current owner has retired and seeks a quieter life - thus she is selling this boarding house.
The size of Hamilton East is approximately 0.4 square kilometres. It has 2 parks covering nearly 1.3% of total area. The population of Hamilton East in 2011 was 901 people. By 2016 the population was 974 showing a population growth of 8.1% in the area during that time. The predominant age group in Hamilton East is 40-49 years. Households in Hamilton East are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hamilton East work in a professional occupation. In 2011, 80.2% of the homes in Hamilton East were owner-occupied compared with 80.6% in 2016.
Hamilton East has 453 properties.
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