Who wants a project?
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This is a well located, investment property showing attractive rental returns. However, a recent Building Report has highlighted some issues that will need sorting out over time. It is not for the faint-hearted and you will need to seek proper advice on the correct remedies. But the Vendors have taken account of the remedial costs in their significantly reduced asking price.
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Its features are:
n n Current rent of $340 per week
n A secure fixed-term tenancy 'til Feb 2016 (existing tenant recently renewed again)
n It's a stand-alone townhouse on a cross-lease of a freehold title - so no Body Corporate expenses and modest rates
n A go-ahead location with attractive, new Brick & Tile homes being built in the adjacent new sub-division
n It's handy to everything:- Supermarket, local shops, buses, Hamilton Airport, Primary, Intermediate & High Schools, Waikato Hospital.
n All the attributes that the tenancy market should find very attractive.
n A tidy, spacious layout with pot-belly fire & 3 good-sized bedrooms
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I reiterate, with consideration to the issues, this property ticks all the boxes from an investment perspective. It would also make a great home for singles, couples, retirees & 1st homers.

Over the past month or so, Hamilton has heated up u2013 dramatically. It is my sincere opinion that this beautiful city is about to boom!!!
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So, are you going to hold back and lament the fact that you missed the boat, or be the astute one who is about to reap these significant rewards?
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Call now for details and to organise a viewing.
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Keywords: Residential Property Investment, rentals, block of flats, investments, rental income, apartment, Deanwell, Melville, Glenview, Dinsdale, Fitzroy, Frankton