Sold
Unit

1/ 17 Beatty Street Melville, Hamilton City 3206

Sold on 15 Aug 2017
  • 2 Beds
  • 1 Bath
  • 1 Car
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Unit in Melville

Guaranteed Rental Income - HNZ Lease

  • 2 Beds
  • 1 Bath
  • 1 Car

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.

Features:
  • Gas Hot Water
  • Modern Kitchen
  • Combined Dining/Kitchen
  • Separate Bathrooms
  • Separate WCs
  • Ceilings: Gib
  • Insulation: Ceiling
  • Joinery: Aluminium
  • Very Good Interior Condition
  • Single Garage
  • Concrete Base
  • Partially Fenced
  • Concrete Tile Roof
  • Brick Exterior
  • Very Good Exterior Condition
  • Single Storey
  • Level Section Contour
  • Easterly Aspect
  • City Sewage
  • Town Water
  • Right of Way Frontage
  • Level With Road
  • In-Street Gas
  • Public Transport Nearby
  • Shops Nearby
  • Close To Schools
  • Close To Shops
  • Close To Transport

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Chattels:
  • Drapes
  • Extractor Fan
  • F/Floor Cover
  • Garage Door Opener
  • Heated Towel Rail
  • Light Fittings
  • Rangehood
  • Cooktop Oven

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Building:

86m²

Parking:

1 garage space

Bedrooms:

2

Bathrooms:

1

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