A dream investment! Four apartments just 80 meters walk to the Waikato University. Each unit comprises of two-bedrooms, a spacious lounge with adjacent dining area, kitchen and bathroom. All encompassed in a 280sqm solid brick building on a 672sqm pocket of ‘High density' land. Yes, this location is zoned Residential High, primed for developers and/or land-bankers. The section is flat with a generous front area and off street parking out the back. All apartments are healthy homes compliant. Such a safe investment with multiple incomes so close to the University, in zone for HBHS and the CBD is a short drive away. This property demands high rent ensuring a strong yield with room for growth. Currently rented at $83,200 per annum with room to grow. There is carparking for 8 cars onsite which is critical for this popular location.
Easy links to the CBD, The Universities sports fields & gymnasium, the expressway and schooling for all ages, ensures great tenant appeal. Whichever way you look at it, this package amounts to a superb investment. The owners are on the market to sell.
Call Aaron Paterson and David Cashmore for a full information pack or for a viewing.
