Hamilton Central Client Example

Property Introduction Horne St 24

Summary

Title: Freehold 1066m2
Floor Area: 180m2
Dwelling: 1930 weatherboard exterior/tile roof

4 Bedrooms, two bathrooms, basement room

Garaging: Single garage, double carport and off street parking
Tenancy: Renovation:

Purchase Price:

Yield:

Rental Range – $560 to $580 per week Tidy tenantable condition

$860,000

3.9%

 

Why this Property?

  • A large site in a sought-after area on the city fringe that offers potential for future development
  • Location is conducive to a range of different housing types and occupier profiles
  • Sizeable home of solid construction in tenantable condition in a location that will be attractive to tenants, including potentially hospital staff and medical professionals
  • Walking distance to Waikato Hospital, Hamilton city centre, Hamilton Lake, schools, and offering quick access to routes north and south from Kahikatea Drive, 900metres away
  • Provides tenantable investment that immediately starts to contribute to your goals of long term capital growth
  • Large sites this close to the city will become rarer over time; house does offer some value, so capital growth will accumulate irrespective of development