En­tire street for sale

Matamata Chronicle - - Property -

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 sturdy.

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.

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