13/100 Knighton Road Hillcrest, Hamilton City

From the 1st March 2021 Investors will need to have a 40% cash deposit when purchasing an investment property. Trading Banks will only be allowed by the Reserve Bank to lend up to 60% of the total value of the property.

This property is the ideal investment for an astute investor. Situated on Knighton Road right next door to Gate 1 to Waikato University. Directly opposite Bryant Hall and only minutes from the Student Village and Campus. A superb Hillcrest location!

The apartment was built in 2015 of modern low maintenance materials. Brick and colour steel exterior, double glazed aluminum windows with a colour steel roof. The apartment is at the rear of complex, is situated well back from the road and is not located on the road frontage.

A fabulous layout offering three double bedrooms with their own ensuite bathrooms. Each room is also lockable. There is a fourth bathroom located off the living area. On the ground floor there is a spacious lounge, dining area and kitchen. At the rear of the property is a private and fully fenced deck. In addition, there is an internal access single garage.

This apartment is being sold furnished by the current owners. An inventory is available upon request. The total initial investment for the inventory pack was $18,956.

The various Body Corporate Levies and Rates relating to the property are:
General Levy for repairs and maintenance: $764.26 per year.
Levy for building insurance: $1,020.86 per year.
Rates from Hamilton City Council: $2,4444.82 per year.
Rates from Waikato Regional Council: $458.02 per year.
Tenanted on a periodic tenancy: $520 per week.

Please call the listing salesperson Kevin Benge now of 0210666972 for further
details and the information pack on this property.