- 8
- 4
- 4
Land area | 1118 m² |
Floor size | 270 m² |
Rateable value | $1,790,000 |
Rates | $7,992.75 |
Negotiation
Exclusive Investment Opportunity
These four tenanted and professionally managed two-bedroom brick units provide a weekly rental income of $1,615 and the promise of property value growth. On a large, flat 1117sqm site in Frankton, they are superbly located on the city fringe. Proximity to the CBD, Waikato Hospital, Hamilton Lake Domain, FMG Stadium Waikato, Minogue Park, Whitiora School and Seddon Park and everyday amenities mean the units will always be in demand.
Landlords can rest easy knowing the units meet Healthy Homes standards, and the rental manager and tenants are very accommodating. Having reliable tenants, maintaining property condition, and conducting house inspections ensure these rentals are actively looked after. The grounds are well maintained, the fence is new, the units are sunny and carports with storage space are also part of the complex. It's a place to call home!
Uniformly laid out, the units feature two bedrooms, one bathroom and open plan living.
Cash flow is reliable and passive income is excellent, making this investment a real catch.
For an information pack, copy and paste the below link on your web browser: https://www.propertyfiles.co.nz/property/746530006
Jack Ramasamy
Get in touch about this property
Please contact us if you're interested in finding out more about this property.
Related listings
Request for Free Market Appraisal
Thinking of selling your home?
Contact us for a free, no obligation market appraisal
Enquiry about: