83% OF RV - NOW 76% WITH PRICE REDUCTION - GIVES A 7.9% YLD

Listing Number:  1047
Posting Date:  09 June 2008






 
Price:$125,000
Listing:83% OF RV - NOW 76% WITH PRICE REDUCTION - GIVES A 7.9% YLD
Type:House
Category:Double Settlement
Bedrooms:3
Bathrooms:1
Region:Waikato
Site Area:108 m2
Address: Login
Building Area:764 m2
Property Image

Description:

Great bargain, very tidy house in great area. Short street, mostly retired folk.

Registered valuation came in at $164K. Copy attached.

Good grounds and it has a garage with a room on the side plus a garden shed.

Vendor overseas bound.

Have a rental appraisal at $180 to 190 but an investor suggested trying a different management company as the one I used was conservative and didn't achieve the best rents. Will be getting a new one from their recommended company.

This gives a gross yield of 7.9% which is great for a house of this quality in a good area.

This property is available for double settlement in July or early August.


Additional Documents:

Click to Download
Description: Registered Valuation - first part
File Size: 2.56 Megabytes
Click to Download
Description: Rental Appraisal
File Size: 249 Kilobytes