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6%+ Potential Yield Investment

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Full Description

Check out this great dual income investment opportunity!!!

According to the Hamilton City Council it is consented and rated for 2 dwellings.

The upstairs has 3 bedrooms, separate lounge and sunny dining and kitchen. The downstairs has a large open plan kitchen, dining and lounge plus 3 bedrooms. There is also an extra-large double garage with a solid wall dividing it in half so that the tenants have one side exclusively.

It was completely renovated in 2010 including paint, carpet and modern kitchens. Earlier this year the curtains were replaced and it’s just had new insulation installed. Last year new seratone was installed in the bathrooms and laundry ceilings.

I have excellent tenants in place but it is under rented. Currently the fixed term tenants are only paying $270 and $295 per week until 4/2/17 and 29/4/17 respectively for the downstairs and upstairs. I have had another rental appraisal completed and it should be getting $310 to $320 and $330 to $350 per week. Please see the attachments with the Rental Appraisal and photos.

 

I also have a subdividable property for sale 2143 sq metres with views of the Hamilton lake. 4 houses or 3 duplexes (6 titles) can be built. Asking price $1.3m

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