EXCELLENT 7 % GROSS YIELD
VIEW BY APPOINTMENT
The property is situated in an excellent location in Beaumont Street and is ideally located close to Waikato University, which is a leading educational provider. Only a few minutes' walk from the property to the University. This large 172 sqm Apartment was built in approximately 2014 of modern low-maintenance materials. The property is constructed of Brick and Pallisade cladding, double-glazed aluminium joinery and a colour steel roof.
The property has five double bedrooms and two bathrooms, which are situated over three levels. The Apartment comes with a heat pump, gas heater, gas hot water, a dishwasher, fridge/freezer, stove and washing machine. On the ground floor level, there is a large open plan lounge, dining area, kitchen and laundry.
The positives for investors are:
-An excellent rental income of $860 PW
-Five bedrooms & two bathrooms
-Quality construction throughout
-Build of low maintenance materials
-Three-storey layout & plenty of options
-Large 172 sqm floorplan
The financials are:
Body Corp Levy - $3,135.95 per year
(includes Building Insurance)
HCC Rates - $3,779.02 per year
WRC Rates - $596.88 per year.
This property will be sold, so you will need to make a time to look through it. Please call the listing salesperson, Kevin Benge, at 0210666972 to avoid disappointment.
Land Area Disclaimer
PLEASE NOTE: Specified floor and land area sizes have been obtained from sources such as Property Guru, Hamilton City 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.
