For sale

4/30 Hunter Street,
Hamilton Lake, Hamilton City

4 bedrooms
4 bathrooms
1 car space
120m² building size
Unit

Negotiation


Property details

Chattels

  • Cooktop Oven
  • Rangehood
  • Extractor Fan
  • Light Fittings
  • Floor Covers
  • Blinds
  • Drapes

9 % GROSS YIELD - $1,215 PW RENT !

FULLY TENANTED - AN INCREDIBLE RENTAL INCOME OF $63,180 PER YEAR !

$1,240 PER WEEK RENTAL APPRAISAL

$63,180 PER YEAR RENTAL INCOME

9 % GROSS YIELD

VIEW BY APPOINTMENT

An investment property located in Hunter Street which is an easy walk to Victoria Street in the Central Business District in Hamilton. The property is also only a few minutes' walk to the Hamilton Lake and the Verandah Cafe, the walk way around Hamilton Lake and the park like grounds at the Lake. The property is also only a few minutes' walk from Waikato Hospital who is the largest employer in the Waikato.

The location is excellent, and the property has a high occupancy rate. This is an ideal investment with four furnished studio rooms in a low-maintenance apartment. The exterior of the Apartment has just been repainted. The Apartment is constructed of composite weatherboards, brick, double-glazed aluminium joinery plus a coloursteel roof. The Apartment has a shared living area, kitchen and laundry.

The positives are:
• All studios are fully tenanted & furnished
• An incredible rental income of $63,180 per year
• Built in approximately 2014 of low-maintenance materials
• Quality construction throughout -Healthy Homes compliant- an extensive list of chattels included in the sale
• Body Corp Levy of $3,960.85 including Building Insurance

Each studio has its own ensuite bathroom and kitchenette, which includes a sink. The bedrooms are equipped with a double bed, two-seater couch, TV, bar fridge, microwave, table and two chairs, and a wall-mounted heater. On the first floor, there is a shared lounge with a heat pump, dining area, and fully equipped kitchen including a fridge. There is a laundry equipped with a washing machine and dryer.

This property is offered for sale complete with furniture and chattels. 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, 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

Inspections


Explore the area


School catchments

  • Hamilton West School Full primary Years 1-8 State 0.59km
  • Hamilton East School Primary Years 1-6 State 1.3km
  • Marian Catholic School (Hamilton) Full primary Years 1-8 State integrated 1.5km
  • Whitiora School Full primary Years 1-8 State 1.9km
  • Peachgrove Intermediate Intermediate Years 7-8 State 2.1km

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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