- 4
- 1
- 2
- 1
Land area | 517 m² |
Floor size | 130 m² |
Rates | $2,181.47 |
Negotiation
- $550,000
CASHFLOW POSITIVE INVESTMENT + VALUE ADD POTENTIAL
Want to create equity? Here's your opportunity!
This large four bedroom, two bathroom freehold property is well located, only a short drive from Waikato Hospital. Plenty of value add potential here...and it's cashflow positive.
Originally a 2 bedroom, 1 bathroom property built in 1986, this home in Deanwell was extended significantly in 2017, with the addition of another 2 bedrooms and a large ensuite. The location is excellent, with views across rural farmland.
There is a lot of value-add potential here with minimal work required. Some landscaping, minor repairs, painting and cosmetic attention could lift the value.
This property could also yield an impressive 5.7% gross return! In the current Hamilton market that is hard to come by.
As a potential bonus, there is a small cabin/portable room on site, which could be used as extra storage, or an office.
This property ticks all the investment boxes:
•Location
•Cashflow Positive
•Value Add Potential
Get in touch with Kathryn today on 027 8097048 to discuss this great investment opportunity.
Location
This property is a 5min drive from Waikato Hospital, 8 min walk from Deanwell Park, Deanwell School and Deanwell Playcentre. New World is also only a 15 minute walk.
Get in touch about this property
Please contact us if you're interested in finding out more about this property.
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