Sold
1/188 Old Farm Road,
Hamilton East, Hamilton City
NZD 750,000
Property details
-
Agents
Ray White Hamilton City: Online Realty Limited Licensed (REAA 2008)
18 London Street, Hamilton Central Hamilton City 3204
-
Chattels
- Cooktop Oven
- Rangehood
- Extractor Fan
- Light Fittings
- Floor Covers
- Blinds
- Drapes
- Garage Door Opener
7% GROSS YIELD - INCOME OF $1,020 PW !
FULLY TENANTED - INCREDIBLE RENTAL INCOME OF $1,020 PW!
VIEW BY APPOINTMENT
Rare opportunity for astute investor. This is an ideal investment - 4 furnished studio apartments - incredible rental income of $1,020 PW. The complex has a shared living area, kitchen, and laundry.
This investment property is situated in a prime location only a few minutes walk from Waikato University. Waikato Hospital and the Hamilton Central Business District are only a few minutes drive away. The location could not be better.
The positives:
• All studios are fully tenanted & furnished
• Incredible rental income of $1,080 PW
• Built in 2020 of low maintenance materials
• Quality construction throughout
• Healthy Homes Compliant
• Extensive list of chattels included in the sale
• Body Corp Levy - $1,642.20 PA
• Building Insurance - $1,596.02 PA
Each studio has its own ensuite, kitchenette and comes complete with double bed, two-seater couch, TV, bar fridge, microwave, wall mounted heater, etc. The downstairs features shared lounge, dining area, and fully equipped kitchen. There is a laundry equipped with washing machine and dryer. Outside is a private courtyard for tenants use. The owners pays for the internet service and for the power for the property.
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 on 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.
VIEW BY APPOINTMENT
Rare opportunity for astute investor. This is an ideal investment - 4 furnished studio apartments - incredible rental income of $1,020 PW. The complex has a shared living area, kitchen, and laundry.
This investment property is situated in a prime location only a few minutes walk from Waikato University. Waikato Hospital and the Hamilton Central Business District are only a few minutes drive away. The location could not be better.
The positives:
• All studios are fully tenanted & furnished
• Incredible rental income of $1,080 PW
• Built in 2020 of low maintenance materials
• Quality construction throughout
• Healthy Homes Compliant
• Extensive list of chattels included in the sale
• Body Corp Levy - $1,642.20 PA
• Building Insurance - $1,596.02 PA
Each studio has its own ensuite, kitchenette and comes complete with double bed, two-seater couch, TV, bar fridge, microwave, wall mounted heater, etc. The downstairs features shared lounge, dining area, and fully equipped kitchen. There is a laundry equipped with washing machine and dryer. Outside is a private courtyard for tenants use. The owners pays for the internet service and for the power for the property.
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 on 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.
Explore the area
School catchments
- Tai Wananga Secondary Years 9-15 State 0.96km
- St John's College (Hillcrest) Secondary Years 9-15 State integrated 1.1km
- Peachgrove Intermediate Intermediate Years 7-8 State 1.1km
- Knighton Normal School Primary Years 1-6 State 1.1km
- TKKM o Toku Mapihi Maurea Full primary Years 1-8 State 1.3km
- Hamilton Boys' High School Secondary Years 9-15 State 1.5km
- Southwell School Full primary Years 1-8 Private 1.5km
- Marian Catholic School (Hamilton) Full primary Years 1-8 State integrated 1.7km
- Sacred Heart Girls' College (Ham) Secondary Years 9-15 State integrated 1.7km
- Hillcrest High School Secondary Years 9-15 State 1.8km
- Te Wharekura o Kirikiriroa Composite Years 1-15 State 1.9km
- Hamilton East School Primary Years 1-6 State 1.9km
- Silverdale Normal School Primary Years 1-6 State 2.0km
- Hillcrest Normal School Primary Years 1-6 State 2.2km
- Berkley Normal Middle School Composite Years 7-10 State 2.6km
- Insoll Avenue School Primary Years 1-6 State 2.7km
- Hamilton West School Full primary Years 1-8 State 3.0km
- Hamilton Girls' High School Secondary Years 9-15 State 3.0km
- Fairfield Intermediate Intermediate Years 7-8 State 3.2km
- Fairfield Primary School Primary Years 1-6 State 3.2km
- Hamilton Seventh-Day Adventist School Full primary Years 1-8 State integrated 3.6km
- St Paul's Collegiate (Hamilton) Secondary Years 9-15 Private 3.7km
- Fairfield College Secondary Years 9-15 State 3.7km
- Waikato Diocesan School For Girls Secondary Years 9-15 State integrated 4.3km
- Mangakōtukutuku College Secondary Years 7-15 State 4.6km
- Fraser High School Secondary Years 9-15 State 5.8km
- St Andrews Middle School Composite Years 7-10 State 5.9km
- Waikato Waldorf School ( Rudolf Steiner) Composite Years 1-10 State integrated 6.9km
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.
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Contact Kevin Benge
Contact Kevin Benge
Kevin Benge
1/188 Old Farm Road, Hamilton East 3216
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Kevin Benge
1/188 Old Farm Road, Hamilton East 3216