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.

Property Specifications

  • Freehold
  • 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%.

 

 

Published on Wednesday, November 1st, 2017, under Examples, Residential

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