Looking for a place to start your first investment? Well here it is. An affordable two bedroom flat in a block of 8. The flat is currently rented at $190 per week or $9,880 per annum. Which shows a healthy 7.7% gross return on the asking price. The property is situated within walking distance to a supermarket, school, and the Hamilton CBD. These units come up for sale from time to time, which gives you an opportunity to one day possibly own the whole block.
Not too often is there property listed for sale at this price.