Dual Income Turnkey Close to Hamilton

Description

Hamilton and surrounds are continuing to prove themselves as fantastic areas to hold an investment property. Infrastructure development around the city continues to push ahead, while job opportunities and rental demand remain strong. If you have been waiting for a fantastic investment property in this area for a while - this could be the one!

With interest rates beginning to trend downwards, and record immigration, there has never been a better time to invest in solid assets. This property offers investors a compelling opportunity to secure a valuable asset with promising returns.

Nestled in the picturesque landscape of Rukuhia, Hamilton, this property enjoys the best of both worlds - tranquility and accessibility. Close proximity to essential amenities, schools, and recreational facilities makes it an ideal choice for tenants seeking convenience while still having a rural feel.

There is a large amount of development nearby, including a new bridge over the river and new residential and shopping areas which will mean good job opportunities in the area as well as increased tenant demand and also great land appreciation over time.

There are 2, three bedroom homes here, with a fantastic layout, allowing for ample outdoor space and privacy each. Both dwellings are healthy homes compliant and have been recently renovated to a high standard. There is plenty of off street parking, incredible rural views and a section size of 1,012m2 allowing for lots of opportunity in the future.

One home is currently rented to tenants that would love to stay on, one will be vacant on settlement. The total rental potential shows a healthy return here, with the median of the range providing a 7.7% GY on purchase price. A fantastic yield for Hamilton, with nothing required for the new purchaser to do.

Contact Ben today for more information.

PROPERTY DETAILS
  • Bedrooms: 3 + 3
  • Bathrooms: 1 + 1
  • Car parking: 5
  • Floor area: 233m2
  • Land area: 1,012m2
  • Estate type: Freehold
  • Rental status: 745a is owner occupied, 745 is tenanted
  • Rental appraisal: $1,340 - $1,440pw (Written rental appraisal available to potential purchasers)
  • Rates: $4,740
AMENITIES

Glenview Shopping Centre. Te Wanaga o Aotearoa. Peacockes Development. Amberfield

LOCATION
  • $935,000
  • Gross yield: Potential over 7.5%GY!
  • Rental appraisal: $1,340 - $1,440pw (Written rental appraisal available to potential purchasers)
  • Annual rates: $4,740
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ABOUT THE AGENT

Ben Meehan

Licensed Salesperson
REAA 2008