40 Bankwood Road Chartwell, Hamilton City

If you are looking for a fantastic investment opportunity, have a combined family or are looking for a home and income, this brick home and attached studio unit could offer you the ideal solution.

Set on the street front, the main brick dwelling offers three spacious bedrooms and one bathroom. There is an open style lounge with an adjoining dining area. There have been recent renovations including a brand new kitchen, bathroom vanity, repainted internally throughout, new flooring throughout and re-gibbed laundry! New tenants in place paying $480 per week.

Attached to the main house but with a seperate entry is a studio unit with an open plan bedroom and living area. The kitchen incorporates plumbing for a washing machine and there is a separate bathroom. Currently rented for $250 per week plus an additional $50 per week for use of the garage. 40b has a rent assessment of $240 - $270 per week.

There is a double garage at the rear of the section which is currently being renovated.

Situated only 5 minutes from the city centre and just down the road from local shops and on the main bus routes. This property is well worth doing your sums!

There is an opportunity to also purchase the property behind (40a Bankwood Road - currently rented at $460 per week with a rent assessment of $440 - $480 per week) if you're looking for a larger portfolio, future development, or perhaps have a combined family.

Link to 40a Bankwood Road: rwhamilton.co.nz/2102452