Entire street for sale
An entire Waikato street, including nine homes, is up for sale.
But for many, Robertson Place is home.
Some have lived on the dead-end street near Hamilton Airport for two decades and they’ve grown accustomed to the faint buzzing of aeroplanes overhead.
Yet it’s generally quiet, a resident says. And cheap. The rent ranges from $260 to $320 per week.
Most are all former state houses and, looming up behind them, are large industrial buildings.
It has been home to Troy Broadbent and his family for the past four years and now they’re ready to leave.
‘‘The place is a dump,’’ he says.
He’s unaware the street is for sale with developers in mind.
The yards are large, but they appear dilapidated.
Bayleys salesman Mathew Gibbard says the 1.3 hectare site has a lot of potential.
He said it could be subdivided with more houses added or converted into industrial property.
Gibbard said the property is owned by a company houses appear with three partners who originally purchased the site for development but are now looking to do something else.
‘‘It’s the first time I’ve had the opportunity to sell anything like this before.
‘‘You don’t get one of these every day.
‘‘It’s a fantastic area for good growth.
‘‘With the way housing is at the moment it could be a nice area for someone to get some good capital growth and good income over the next 10 years.’’
The tender closes on the property, valued at $1.6m, on December 1.