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 675m2 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.