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Hamilton City Median Price
Hamilton City Median Rent
Melville rent price
Hamilton City schools
A3/44 Lorne Street, Melville
$429,000 listed in Jan 2013
Unit: 4 Bed rooms 20 Bath rooms
Land size: 750 sqm | Building size: 120 sqm [Measure]
Agent: Lodge Real Estate (Hamilton) Ltd - City

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Property Description:
New construction, high quality fit out

Excellent location, opposite Waikato Hospital

Enviable 7%+ net return expected

Multiple Incomes, reduces risk and increases return
A favoured letting location given the close proximity to Waikato Hospital and Hamilton's CBD, this new development fills a current gap in the rental property market -fully furnished high quality accommodation for professionals. Each apartment features 4 double bedrooms with ensuite bathroom, complimented by full communal kitchen, living and laundry facilities. With rent appraised at $880 per apartment the budgeted net annual income exceeds $28,600. Price is $429,000 excluding GST per 4-bedroom apartment. An excellent concept that should be viewed by any investor looking for that rarely available mix of favoured location, competitive return and new condition with the security of a 10-year Master Builder guarantee. Call Campbell today to arrange your inspection or to receive an information memorandum.
Nearby Schools:
NameTypeDecileDistance
Hamilton West SchoolPrimary6922 meters
St Pius X Catholic School (Melville)Primary4724 meters
TKKM o WhakawateaPrimary41.9 km
Marian Catholic School (Hamilton)Primary71.8 km
Cambridge International CollegeSecondary992.4 km
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The property data is from the public websites.

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