1/188 Old Farm Road Hamilton East, Hamilton City

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.