Affordable Townhouse Investment in Hamilton

17 Lyon Street, Dinsdale, Hamilton - From $497,000

This new development features eight affordable, 2 bedroom contemporary townhouses configured over two levels. Thoughtfully designed for the modern tenant, they will provide carefree investment at a hard-to-find low price point.


Highlights:

Property Features: 8 x 2br, 1ba Townhouses

  • Price: From $497,000
  • Gross Yield: Potential 5%
  • Rent Appraisal: $470 - $500 p/w
    Written Appraisal available to potential purchasers.
  • Estate Type: Stratum in Freehold
  • Annual Body Corporate Fee: $1,452.87

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About the Property

These townhouses provide and great entry-level price point for investors for new build townhouses. Brand-new and still offering a 5% gross yield at today's rental prices, they will be cashflow neutral, allowing you to enjoy the benefits of capital gain, without being out of pocket each week.

Built from proven, hard-wearing materials like brick and James Hardie weatherboard, double glazed windows, high levels of insulation and LED lighting throughout, maintenance will be kept to a minimum for years to come.

The thoughtful layout of across two stories allows for maximum use of every square meter of space. One carpark per two bedroom townhouse adds to the convenience for professionals and families alike.

The houses will be provided fully furnished including an open plan designer kitchen, Bosch kitchen appliances, a Fujitsu heat-pump/air-conditioning, washing machine, 43” or larger HD LED TV, USB charging power point, comfortable beds, curtains and blinds and more.

The new nature of the property plus the furnishings will give you a large chattels depreciation benefit, further improving your cashflow.

The development is a turn-key contract, secured with a 10% deposit with nothing more to pay until settlement.

This is a high-quality, low-price new development that will continue to perform for the investor long into the future.

The houses will be provided fully furnished including an open plan designer kitchen, Bosch kitchen appliances, a Fujitsu heatpump/airconditioning, washing machine, 43” or larger HD LED TV, USB charging power point, comfortable beds, curtains and blinds and more.

Amenities

Lyon St is just 3kms to the west of the Hamilton City Centre and close to the Dinsdale Mall, which offers banks, supermarkets, post office, restaurants etc. It is near the Orbiter bus route, which stops on Killarney Road, giving easy access to the CBD (in 7 minutes), and to the Hospital (in 8 minutes), as well as The Base shopping centre (every 15 minutes) in Te Rapa.

For people with young families, the Frankton Primary School is just a short walk away, as is Frankton Kindergarten and a Kindercare.

Ben Meehan
Licensed Salesperson - REAA 2008

ben@ifindproperty.co.nz
022 616 5068

Contact us about this property

Agent Contact Details

Ben Meehan
Licensed Salesperson - REAA 2008

ben@ifindproperty.co.nz
022 616 5068

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