8.2% GROSS YIELD, MULTIPLE INCOME STREAMS

Listing Number:  2435
Posting Date:  30 July 2014






 
Price:$505,000
Listing:8.2% GROSS YIELD, MULTIPLE INCOME STREAMS
Type:House
Category:Assignment
Bedrooms:4
Bathrooms:3+
Region:Waikato
Site Area: 
Address: Login
Building Area:112 m2
Property Image

Description:

Price $505000
Rental Appraisal $800pw (all together)
Gross Yield 8.2%

This is freehold (no body corp) character villa, that was designed to accommodate four spacious fully furnished studio apartments with their own bathroom, kitchenette and double wardrobe and a shared lounge/kitchen area. There is also a shared laundry with a coin-operated Maytag washing machine.

The property also features LED interior and exterior lighting and the furnishings include double bed, fridge, microwave, couch or comfortable chair, LED wall-mounted TVs with Freeview and pre-wiring for SKY TV and eco-panel heater.

There is plenty of off-street parking for 4 cars with one double carport and 2 further car parks.

Each studio can rent for $200pw.

Location could not be more convenient with only short walk from Hamilton CBD, Frankton township and Hamilton Lake.

Registered Valuation $505000
Rates $1176.48
Cv (pre-conversion) $270000