1/ 17 Beatty Street Melville, Hamilton City

Brick, tile roof and aluminium joinery. In near new condition, built in 2006, careful tenant in place for sometime. Only a 5 minute walk to Waikato Hospital, the largest employer in Hamilton. No problems getting a tenant here or having to worry about securing your mortgage once a tenant gives notice to vacate your rental property. Fixed term tenancy to Housing New Zealand until 3rd October 2020 with an option to renew for a further 5 year term.
Rental of $15,912 per year once property management fees are deducted
Rates: HCC $1,118.30 per year
WRC: $319.07 per year
Body Corp Levy: $1,086.81 per year (includes building insurance and external repairs and maintenance on building and complex)
Rental appraisal: $350 - $370 per week (Ray White Property Management)
A guaranteed rental income, whether the property is vacant or tenanted, from Housing New Zealand until 2020. If you want a low risk investment what could be more secure in these uncertain times.
Information pack available upon request.
Please call Kevin Benge now on 021 066 6972 for further details.