Great yield with Hamilton investment

In February 2017, the E+O team secured this Hamilton home and income on behalf of a long-standing client.

Purchased for $815,000, the property and minor dwelling is currently being rented for a total of $870 pw, delivering a yield of 5.67%.

This 1950’s to 1960’s brick exterior house, has three bedrooms and one bathroom.  Recently added to the 675m site was a minor dwelling with two bedrooms and one bathroom plus a 10m2 cabin that can double as a third bedroom.

A number of features made it an ideal purchase for our clients looking for an ongoing return on investment:

  • full site
  • location and set-up provides potential for high yield
  • minor dwelling new build and main house renovation reduces maintenance costs in the foreseeable future
  • easy care section well suited for tenancy
  • close proximity to university, schools, local dairy, and connecting routes to city

Click here to get in touch about learning how E+O can help you secure an investment property that meet your financial goals.

Published on Thursday, June 29th, 2017, under Examples, Residential, Uncategorized

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