Positioned in the heart Hamilton East, 6-8 Ada Street comprises two dwellings on one title, offering a practical opportunity for investors or developers looking to add value over time.
The existing improvements include a primary residence at No.8, featuring a functional layout with a separate living area, a well-kept kitchen with ample storage, ducted air-conditioning throughout, three bedrooms (all with built-in wardrobes), and an updated bathroom. Additional features include an internal laundry, second toilet, and a rear storage area.
The second separate dwelling is an original turn of the century brick cottage with a large main room with split system air conditioning that also connects through to the garage and additional third structure, along with two smaller adjoining rooms.
The property also includes a third structure suited for a rumpus/teenage retreat, plus a generous sized garage that has access from the rear line and an electric remote control door.
Zoned Medium Density Residential and located close to schools, public transport and the Beaumont Street precinct, the property presents scope for renovation, reconfiguration or potential redevelopment (STLCA). The configuration of multiple structures on a single title adds to its appeal for buyers seeking options in a tightly held inner-city area.
Key Features:
• Two properties on one title
• Potential to develop STLCA
• Spacious Bedrooms with built in wardrobes
• Good size living spaces
• Separate dining area and functional kitchen
• Plenty of storage options
• Internal laundry and second toilet
• Updated bathroom
• Low maintenance shared yard
• Second property with large main living space and two additional rooms
• Third separate dwelling used as a community cinema room
• Rear lane access with double auto garage door and generous garaging
Property Details:
• Sale Method: Public Auction
• Auction Detail: Sat 11 July at 12:45pm On-Site
• Settlement Period: 42 days
• Rental Estimate: $690 - $730 per week
• Water Rates: $217.34 per quarter
• Council Rates: $1,495.56 per quarter
This unique property provides extensive scope for dual incomes, and potential redevelopment and must be seen.
Contact agent for more information or a private inspection.
Disclaimer: We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.
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