2/188 Old Farm Road Hamilton East, Hamilton City

BUILT IN 2020 WITH A TOTAL RENTAL INCOME OF $1,095 PER WEEK

This investment property is situated in a prime location only a few minute's walk from Waikato University. The drive time to Waikato Hospital and the Hamilton Central Business District is approximately 10 minutes.

A rare opportunity for an astute investor to purchase an established and fully operational furnished four-bedroom 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 $1,095 PW
• Each studio comes furnished
• Quality construction throughout
• Built of low maintenance materials in 2020
• A Healthy Homes Compliant property
• A extensive list of chattels & furnishings
• Body Corp Levy & Building Insurance - $3,111.24 PA

Each studio has its own ensuite plus kitchenette and comes complete with double bed, two-seater couch, TV, bar fridge, microwave, wall mounted heater, etc. The downstairs features a shared lounge, dining area and fully equipped kitchen. There is a laundry complete with washing machine and dryer. A security camera system is also included. Outside there is a private courtyard for the tenants use. The owner pays for the internet service and for the power for the property.

Please call the listing salesperson Kevin Benge now of 0210666972 for further details on this excellent opportunity.

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.