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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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