This modern and well appointed two bedroom brick and tile townhouse is not only low maintenance, but is also a sound investment for the astute property investor.
There is a guaranteed rental income each month from the lease in place with Housing New Zealand until 31 October 2021. So no risk of the tenant giving notice and the new owner ending up with no rental income.
The townhouse offers a large open plan living and dining area, well appointed kitchen complete with skylight, two spacious double bedrooms, a modern tiled bathroom with easy access shower, internal access garage, plus two fully fenced sunny courtyards ensuring total privacy.
Monthly net rental from Housing New Zealand of $1401 reviewed in October each year, Body Corporate levy of only $1,189.73 per year which includes payment of building insurance and all external repairs and maintenance. Hamilton City Council rates of $1,413.40 per year and Waikato Regional Council rates of $320.21 per year.
Finance is available to the approved purchaser through Loan Market which is owned by Ray White. A Mortgage Broker is available to assist the purchaser to obtain the necessary finance, at competitive rates, to enable them to purchase the property.
The location is excellent in the heart of Frankton, being only 5 minutes' drive to the Central Business District. Plus located within easy reach of Waikato Hospital, Hamilton Lake and Hamilton Gardens. Only a few minutes' walk to the Dinsdale Shopping Centre and Supermarket.
Call Kevin Benge now to arrange a viewing and to request the information pack.
