House for Sale

29e Opoia Road Hamilton East, Hamilton City 3216

Set Date of Sale - 10 JulPlay Video
  • 7 Beds
  • 2 Baths
  • 2 Cars

Inspection details

  • Inspection:Saturday
    23June
    11:15am - 11:45am
Request an inspection
House for Sale in Hamilton East

10% YIELD - $1,100PW RENT - INVESTORS DREAM!

  • 7 Beds
  • 2 Baths
  • 2 Cars

A high yielding hands off investment. Only 5 minutes' walk to Hamilton CBD. Property consists of seven bedrooms and two bathrooms. Large communal living area and kitchen. Sizeable 170m townhouse. Rental income of over $1,100 per week. Professionally property managed. Two double bedrooms and five single bedrooms. Two car parks plus on street parking situated in a cul-de-sac. Rear townhouse of five. Total rent being collected is $1,110 per week. Rents being increased by $10 per week for single rooms once tenants have settled in. Rents for couples being charged at $200 per week per room.

Current rents being charged are:
Room 1 - $200 pw
Room 2 - $160 pw
Room 3 - $150 pw
Room 4 - $150 pw
Room 5 - $150 pw
Room 6 - $150 pw
Room 7 - $150 pw
Total rental income = $1,110 per week.

Body Corporate Levy of $1,688.04 per year (includes building insurance and all external repairs and maintenance).
Rates of $1,406.59 per year (HCC) and $420.42 per year (WRC).

Landlord pays for power and internet for tenants, total of $3,990.63 over the last 12 months.

Deadline Sale closes 12.30pm Tuesday 10th July 2018 (unless sold prior), all offers to be delivered to Ray White Hamilton, 91 Victoria Street, Hamilton.

Call the listing salesperson Kevin Benge for further details on 021 066 6972 to request the information pack.

Features:
  • Electric Hot Water
  • Standard Kitchen
  • Open-Plan Dining
  • Combined Bathrooms
  • Combined Lounge/Dining
  • Electric Stove
  • Insulation: Ceiling
  • Joinery: Single Glazed
  • Good Interior Condition
  • Off-Street Parking
  • Concrete Base
  • Partially Fenced
  • Long Run Roof
  • Good Exterior Condition
  • Level Section Contour
  • Northerly Aspect
  • City Views
  • City Sewage
  • Town Water
  • Right of Way Frontage
  • Level With Road
  • In-Street Gas
  • Public Transport Nearby
  • Shops Nearby

See all features

Chattels:
  • Extractor Fan
  • Light Fittings
  • Stove
  • TV Aerial
Property ID:

HAM31604

Building:

170m²

Parking:

Off street parking for 2 cars

Bedrooms:

7

Bathrooms:

2

Contact

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