MONEY MACHINE - HAMILTON CENTRAL!
This investment property is situated in a prime location only a few minutes walk from both the Waikato Hospital and the Hamilton Central Business District.
A rare opportunity for an astute investor to purchase an established and fully operational furnished four 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 $1,000 PW
-Each of the four studios is fully furnished
-Quality construction throughout
-Built of brick and weatherboard in 2015
-A Healthy Homes Compliant property
-An extensive list of chattels
The financials are:
Body Corp Levy - $1328.58 PA
Building Insurance - $1543.36 PA
HCC Rates - $4789.08 PA
WRC Rates - $581.03 PA
Each studio has its own ensuite plus kitchenette and comes complete with double bed, couch, TV, fridge freezer, microwave, etc. The downstairs features a shared lounge, dining area and fully equipped kitchen. Outside there is a private courtyard for the tenants use. External night lighting, CCTV with hard drive recorder for entry ensures safety and security. The property comes with the balance of a 10-year master builder's guarantee.
Please call the listing salesperson Kevin Benge now on 0210666972 for further details on this property.
*Notes - these photos have been virtually staged.