GREAT YIELD, EQUITY AND BUCKET FULL OF OPTIONS!

Listing Number:  2433
Posting Date:  29 July 2014






 
Price:$444,775
Listing:GREAT YIELD, EQUITY AND BUCKET FULL OF OPTIONS!
Type:House
Category:Assignment
Bedrooms:5
Bathrooms:2
Region:Waikato
Site Area:809 m2
Address: Login
Building Area:300 m2
Property Image

Description:

If you like options, when it comes to your investment this is the way to go!
We are presenting this solid, well maintained 70's property in Hamilton, located in the Livingston area.

The footprint of the house is 300sq m and consists of 2 separate homes on a section of roughly 809sq m.

Upstairs is a 3 double bedroom home with a large lounge and dining area and good kitchen This house also has a double, internal access garage and is currently tenanted for $345pw

The downstairs unit has a separate access, separate meter and off-street parking, 2 double bedrooms, kitchen. Bathroom and Laundry are combined and there is a separate toilette. This unit is now tenanted at $245pw.

Older registered valuation came at $460000 so there is minimum $15000 instant equity and there is also room to add value to the property.

Your options here are:
- Double income investment
- Home and income
- Business from home
-Convert the upstairs into a 4 bedroom house (add one wall in the lounge) to increase your yield. This would then rent for around $390pw.

CV $335000
Rates $2112.92

Contact Diana on diana@mypropertyfinder.co.nz or 0220878994 for more information!