Investors can still take advantage of competitive pricing vs return in Hamilton
Our clients were looking to increase their property investment portfolio – and this property offers a combination of qualities to attract tenants, and provide good capital growth.
- 590m2 site with a 144m2 floor area
- 3 bedrooms, 1 bathroom
- Double garage with internal access
Situated on a full site in a popular northern Hamilton suburb, the north west facing living zone offers good sun potential, and the easy-care section is well suited for tenancy. Built in 2008 this is low maintenance property of relatively new construction – which translates to lower maintenance costs.
Attractive to tenants due to the cul-de-sac location on a rear site offering privacy while still enjoying close proximity to parks, shopping centre, schools, bus routes and connecting routes to the city.
Purchased for $525K, this property was quickly rented by our property management division, Point Property + Portfolio Management, after settlement for $450 per week, a yield of 4.46%