Sold
24D Heath Street,
Saint Andrews, Waikato
NZD 610,000
Property details
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Agents
Ray White Hamilton City: Online Realty Limited Licensed (REAA 2008)
18 London Street, Hamilton Central Hamilton City 3204
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Chattels
- Stove
- Rangehood
- Extractor Fan
- Light Fittings
- Floor Covers
- Blinds
- Drapes
- Garage Door Opener
ATTENTION INVESTORS - FREEHOLD TITLE!!
VIEW BY APPOINTMENT
A fantastic opportunity has come up to purchase a 101 sqm two-bedroom free standing brick and tile home situated on its own 319 sqm freehold title. Situated in a quiet and secure location well back from the road in the heart of Saint Andrews.
The property was constructed in 2009 of modern low maintenance materials. A tile roof, brick and double-glazed aluminium joinery throughout. The property is in excellent condition and has had the one owner since new.
Income from the property is guaranteed, whether occupied or vacant, through a lease with Kainga Ora. The lease with Kainga Ora runs to 26th November 2024. Kainga Ora arrange the tenant and property manages them as well.
The lease payment received from Kainga Ora is $1,993 (net) per month. The lease is reviewed by Kainga Ora in December each year through a CPI formula and the lease payment adjusted accordingly.
There is no Body Corporate Levy as there is no Body Corporate requirement for this freehold property.
The property is situated in an excellent location in Saint Andrews and is only a short distance to shops and a Supermarket.
Please call the listing salesperson Kevin Benge now on 0210666972 for further details.
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.
According to the IRD, as the property's sole purpose is for social housing and it is leased to a Government Agency Kainga Ora then the owner can still claim interest deductions during the term of the lease (Purchasers should confirm this with their accountant or solicitor before proceeding further with this property).
Explore the area
School catchments
- St Andrews Middle School Composite Years 7-10 State 0.51km
- Vardon School Primary Years 1-6 State 0.54km
- St Peter Chanel Catholic School (Te Rapa) Full primary Years 1-8 State integrated 0.74km
- Waikato Diocesan School For Girls Secondary Years 9-15 State integrated 1.1km
- Forest Lake School Primary Years 1-6 State 1.3km
- Bankwood School Primary Years 1-6 State 1.7km
- St Joseph's Catholic School (Fairfield) Full primary Years 1-8 State integrated 1.7km
- Fairfield College Secondary Years 9-15 State 1.8km
- Woodstock School Primary Years 1-6 State 1.8km
- Te Kōpuku High Secondary Years 7-15 State 2.0km
- Pukete School Primary Years 1-6 State 2.1km
- St Paul's Collegiate (Hamilton) Secondary Years 9-15 Private 2.2km
- Maeroa Intermediate Intermediate Years 7-8 State 2.2km
- Hukanui School Primary Years 1-6 State 2.2km
- Fairfield Primary School Primary Years 1-6 State 2.4km
- Fairfield Intermediate Intermediate Years 7-8 State 2.5km
- Ngā Taiātea Wharekura Secondary Years 9-15 State 2.6km
- Whitiora School Full primary Years 1-8 State 2.6km
- Nawton School Primary Years 1-6 State 2.8km
- Crawshaw School Full primary Years 1-8 State 2.8km
- Fraser High School Secondary Years 9-15 State 3.1km
- Te Wharekura o Kirikiriroa Composite Years 1-15 State 3.6km
- Hamilton Girls' High School Secondary Years 9-15 State 3.8km
- Hamilton Christian School Composite Years 1-15 State integrated 4.1km
- Waikato Waldorf School ( Rudolf Steiner) Composite Years 1-10 State integrated 4.2km
- Hamilton Boys' High School Secondary Years 9-15 State 4.4km
- Tai Wananga Secondary Years 9-15 State 4.6km
- Rototuna Junior High School Secondary Years 7-10 State 4.8km
- Rototuna Senior High School Secondary Years 11-15 State 4.8km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check enrolment zones and eligibility with the school. School data © Ministry of Education, licensed under CC BY 4.0.
Find out how much home loan repayments will be
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Contact Kevin Benge
Kevin Benge
24D Heath Street, Saint Andrews
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Kevin Benge
24D Heath Street, Saint Andrews