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Unit

34 Hogan Street Hamilton East, Hamilton City 3216

Sold on 3 Feb 2015
  • 10 Beds
  • 6 Baths
Agents

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Unit in Hamilton East

Investment Flats

  • 10 Beds
  • 6 Baths

Secure investment here, in a perfectly located block of 6 flats - 4x2 & 2x1 brms. Situated within 2 minutes walk to the Waikato University. Currently returning $1,105 per week (which is light for the area) or $57,460pa. The current owner has enjoyed a very high occupancy rate over the 20 years he has owned the property, with mature international students being the norm. The property also features balconies on the upper level 3 flats. The opportunity here is to freshen up the flats, mostly just paint, and increase the rents to market rent. The added value maintains a higher quality of tenant and adds capital value to your investment. Need help, advice? Call me now, I can help.

Property ID:

HAM26690

Building:

290m²

Land:

650m² / 0.16 acres

Bedrooms:

10

Bathrooms:

6

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