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Back to search Home Countries Unknown Wynnum 25 West Avenue
AUD1,650,000
25 West Avenue
Wynnum
7 beds 7 baths Tenant

About this home

Solid 7-unit investment opportunity in Hamilton's desirable Corktown neighbourhood. The property consists of six oversized one-bedroom + den units and one (non-conforming) one-bed suite in the basement, with the six larger units offering excellent potential to be converted into two-bedroom layouts. Strong in-place income supported by a stable tenant base, reflecting a 5.8% cap rate based on current income and expenses, with additional upside through unit reconfiguration. Separate hydro meters, shared laundry facilities, one storage locker, and eight surface parking spaces, including a recently paved rear lot. Six units offer spacious private balconies with rear fire escape access. Landscaped front yard and well-maintained common areas. Located in a high-demand rental pocket close to downtown, transit, hospitals, and everyday amenities. Ideal for investors seeking stable income today with clear value-add potential.

Property facts

Property type
Tenant
Bedrooms
7
Bathrooms
7
Days on market
117 days

Location

Approximate location · exact address shared on inquiry

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