HAMILTON TOWNHOUSE WITH $55,000 EQUITY

Listing Number:  2519
Posting Date:  19 November 2014






 
Price:$410,000
Listing:HAMILTON TOWNHOUSE WITH $55,000 EQUITY
Type:Townhouse
Category:Private Sale
Bedrooms:6+
Bathrooms:2
Region:Waikato
Site Area:192 m2
Address: Login
Building Area:829 m2
Property Image

Description:

Hamilton Capital Gain Townhouse with $55,000
Instant Equity, and Cash-flow neutral
We have a Massive seven bedroom, two bathroom Modern Townhouse in
a fantastic Location just 5 minutes drive to Hamilton CBD.
This Townhouse is one of only five in the complex situated on Opoia
Road, a quiet cul de sac next to the Waikato River. It features an open
plan kitchen/Lounge with ranch sliders which open onto the private
courtyard, two bedrooms a bathroom and laundry on the ground level.
The upper level consists of five bedrooms and another bathroom.
Nothing cramped about this Townhouse being a spacious 192sqm with
the whole complex sitting on 829sqm freehold land. This is the biggest of
five adjoined Townhouses in the complex. Being built in the 2000ís this
is modern attractive accommodation for anyone wanting to live close to
the city but in quiet surrounds.
Priced at $410,000 and with a Registered Valuation of $465,000, you
gain a Massive $55,000 instant equity gain on purchase!
CV; $380,000
Rates; $1,417
Purchase Price; $410,000, Current Registered Valuation $465,000
The property is currently returning rent of $520 per week. We have two rental
appraisals with a range up to $610 per week, we have adopted $575pw for
our financial analysis.
Fully self funding property with a small cashflow
surplus of $888 p.a.