305 River Road Claudelands, Hamilton City 3214

Sold on 26 Feb 2016
  • 19 Beds
  • 10 Baths

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Unit in Claudelands

Impressive Investment Flats

  • 19 Beds
  • 10 Baths

Looking for a good solid investment? This River Road block of 10 units should impress. Consisting of 9x2 bedrooms and 1x1 bedroom, the features are many. The spacious ground level courtyards, giving tenants privacy and space are a huge plus, as are the balconies from the first floor units. Approximately 10 minutes walk to the CBD, and even less to the Claudelands Event Centre. Probably the biggest features are the condition of the units, which is a credit to the current owners, and of course the income this property produces. Currently returning $2,180 per week which will increase to $2,300 per week on 13 April 2016, taking the total gross income to $119,600 per annum. This property really is a must see, as opportunities to buy properties of this nature in this condition, are few and far between.

Viewings will be by appointment only.
Don Sargent 027 766 0080

  • Electric Hot Water
  • Standard Kitchen
  • Openplan Kitchen
  • Combined Dining/Kitchen
  • Open-Plan Dining
  • Separate WCs
  • Separate Shower
  • Electric Stove
  • Good Interior Condition
  • Off-Street Parking
  • Block Base
  • Fully Fenced
  • Iron Roof
  • Concrete Block Exterior
  • Very Good Exterior Condition
  • Two Storey
  • Level Section Contour
  • Northerly Aspect
  • City Sewage
  • Town Water
  • Street Frontage
  • Below Road Level
  • In-Street Gas
  • Public Transport Nearby
  • Shops Nearby

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  • Curtains
  • Drapes
  • Extractor Fan
  • F/Floor Cover
  • Light Fittings
  • Stove
  • TV Aerial
  • Cooktop Oven

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842m² / 0.21 acres