Sought after affordable housing with quality living, near new town houses, 108 & 102 Old Farm Road (6 available) Hillcrest - Hamilton, Waikato. Completed in December 2012, close to all amenities, these near new brick townhouses are on individual titles and offer modern, easy care living or a fabulous rental investment opportunity currently returning approximately 7% ROI, with a 95% occupancy rate.

Each home comprises of 2 double bedrooms, 1 bathroom/laundry, separate toilet plus an open plan kitchen/dining/living room, with slider door opening to an enclosed rear courtyard.

Additional features of the properties include:

* Heat pump, fully insulated and double glazing for year round comfort
* Curtains and blinds in each and most are either partially or fully furnished (for premium rental income)
* Very private and quiet
*Modern, neutral decor
* Two dedicated car parks per home
* Easy care, landscaped common grounds well maintained by the Body Corporate (Managed by Colliers)
* Currently renting between $330-$400 per week offering approx 7% return to investors

The properties are situated within short walking distance of bus routes, parks, Waikato University, local shops/supermarkets, close to Hamilton East, Hamilton CBD, Hamilton Gardens and excellent schooling (in zone for Knighton Normal School, Peachgrove Intermediate and Hamilton Boys/Girls High Schools. Current (July 2014) independent registered valuations ranging from $295,000 - $305,000 are available on request.

Properties available are currently fully tenanted and are available for sale either individually or as a group, units 1, 2, 3, 4 & 5/108 Old Farm Road plus 3/102 Old Farm Road.

Properties are currently being managed by Lodge City Rentals Ltd.

Viewing: Mon/Wed/Fri 12-1pm or weekend by appointment

We welcome your feedback. Rate this property online