Currently leased to a commercial tenant, operating a well-established community organisation, this central residence has been converted into a consultancy practice and presents the ideal investment opportunity with a secure professional tenant, with the return on investment around 6.7%.
Situated in a quiet residential street, close to the Hamilton Base Hospital and the town centre, there is plenty of parking nearby, making it an attractive choice for professional tenants. Rarely do residential houses offer such potential for a commercial health-care tenancy, with such a desirable location.
The main building boasts a generous design and consists of four consultancy rooms, a reception area, waiting room, a disabled access toilet and additionally a large multi-purpose space with ample storage at the rear of the building.
Additionally there is a detached shed at the rear of the property, which is utilised as a staff hub, containing a kitchenette and bathroom, also featuring an additional multi-use space for dining or meeting that could be idea for another consulting room.
With all this property has on offer for commercial and residential investors, there is always the option to return the house to its original residence and have the property as a family home close to all of Hamilton's central offerings.
If you're considering a sound investment in the Hamilton property market contact Darren Groves or Torie Coomber for more details about this property.
The size of Hamilton is approximately 199.5 square kilometres. It has 28 parks covering nearly 3.2% of total area. The population of Hamilton in 2016 was 9974 people. By 2021 the population was 10346 showing a population growth of 3.7% in the area during that time. The predominant age group in Hamilton is 60-69 years. Households in Hamilton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Hamilton work in a professional occupation.In 2021, 73.10% of the homes in Hamilton were owner-occupied compared with 71.30% in 2016.
Hamilton has 6,415 properties. Over the last 5 years, Houses in Hamilton have seen a 51.76% increase in median value, while Units have seen a 12.90% increase. As at 30 November 2025:
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