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Frankton

1B Pitt Street, Frankton, Hamilton

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2Β Bedrooms
1Β Lounges
1Β Bathrooms
1Β Parking

Asking Price NZ$399,000

Under $400,000 and a 4.7% gross return!


The ultimate in easy-care investments, a substantial increase on what the bank can offer, and with a fixed tenancy in place until August 2022, this could be the perfect entry-level investment. Properties under $400,000 in Hamilton are few and far between, let alone a tidy, modern, townhouse in the heart of the city.

Well positioned, sunshine streams through the sliding doors to greet the well-proportioned living spaces, while the aluminium joinery keeps the heat in and the hustle and bustle out. The heat pump provides comfort year-round, whilst the internal access garaging includes room for additional storage and completes the 'extras' list.

The kitchen is practical with lots of benchspace and good storage, socially positioned to the living spaces. It's a timeless design that will attract quality tenants for years to come.

Accommodation wise, two generous double bedrooms tick the boxes. The family bathroom is classic in design, ensuring the morning rush will be easily negotiated.

Suited to a variety of investors looking for a good return on their money, with none of the administration involved with owning a privately tenanted rental, with the opportunity to increase the rental yield and take the property in whichever direction you please, come 2022.

The current owners have found this an easy investment, but are moving on and committed to selling. If you want a solid, modern hands-off investment at one of the best prices on the market, please call Sarah today.

Sarah Adams

Sarah Adams


Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

4.7% gross return


based on current tenancy

Brick, easy care


and low maintenance investment option

Central location


appealing for future tenants

Good proportions


open plan living spaces, modern construction

Guaranteed tenancy


until 2022 with Kianga Ora – Homes and Communities