Ray White Hamilton
Real Estate Agents
- Listing #:
- HAM41255
- Listed:
- 81 days ago
By Negotiation
7% GROSS YIELD - GOLDEN INVESTMENT!
5/85 Cameron Road, Hamilton East, HamiltonResidential House
-
- 4 Bedrooms
-
- 4 Bathrooms
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- 1 Covered Car Park
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- 1 Offstreet Car Park
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- 115m2 Floor Area
About this property
INVESTMENT OPPORTINITY NOT TO BE MISSED - ONLY 5 MINUTES WALK TO THE UNIVERSITY !GET IN QUICK!
VIEW BY APPOINTMENT
This investment property is situation in a prime location only a few minutes walk from the University of Waikato and the Clyde Street Shopping Centre.
A rare opportunity for a very astute investor to purchase an established and fully operational furnished four-bedroom studio apartment complex complete with a shared living area, kitchen and laundry.
The positives are:
• All studios are fully tenanted
• An incredible rental income of $1,020 PW
• Each studio is fully furnished
• Quality construction throughout
• Built of steel and weatherboard in 2019
• An extensive list of chattels
• Body Corp & Building Insurance Levy - $4,296.50 PA
Each studio has its own ensuite plus kitchenette and comes complete with double bed, couch, TV, bar fridge, microwave, etc. The downstairs features a shared lounge, dining area and fully equipped kitchen. Outside there is a private courtyard for the tenants use. The owner pays for the internet service and for the power for the property.
This Apartment could be rented out for approximately $300 per week per room (or $320 per couple per week per room) in the current market. This property would attract good quality tenants due to it's location.
This property will be sold so you will need to make a time to look through it. Please call the listing salesperson Kevin Benge now of 0210666972 for further details to avoid disappointment.
PLEASE NOTE - Images have been virtually staged for marketing purposes
PLEASE NOTE: Specified floor and land area sizes have been obtained from sources such as Property Guru, Waikato Council (LIM) or Title documents. They have not been measured by the Salesperson or Online Realty Ltd. We recommend you seek your own independent legal advice if these sizes are material to your purchasing decision.
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