Ray White Hamilton
Real Estate Agents
- Listing #:
- HAM40893
- Listed:
- 12 days ago
$779,000
$$$ Investor alert! Uni Cash Cow 6-7% Yield! $$$
5/61 May Street, Hamilton East, HamiltonTownhouse
-
- 4 Bedrooms
-
- 4 Bathrooms
-
- 1 Covered Car Park
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- 119m2 Floor Area
About this property
An exceptional opportunity has presented itself with a two-year new quality townhouse offering four bedrooms and four upscale bathrooms, that makes the perfect student pad, or strong rental investment. With a total rental income of $1120 per week. With four individual rooms that garner individual rent, the sums add up. Feel safe, warm, and secure with each room being double glazed and fully insulated.Independence is guaranteed with your own private ensuite and kitchenette. An added bonus is the communal kitchen on the ground floor, with a social living area courtyard and laundry to cater to students, tenants and busy people. Strategically located with close proximity to not only the Uni but also Hillcrest and the vibrant Ham East hub with its host of hip cafes, desirable restaurants and superb shopping.
Astute buyers will know the value and income potential these low maintenance well- built properties hold. With current tenants in place and receiving a handsome yield, lock your next investment in place and reap these great rewards.
Contact Tod and Carl for your private appointment.
PLEASE NOTE: Specified floor and land area sizes have been obtained from sources such as Property Guru, Hamilton City Council(LIM) or Title documents. They have not been measured by the Salesperson or Online Realty Ltd. We recommend you seek your own independent legal advice if these sizes are material to your purchasing decision.
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