9/201 Massey Street
Frankton, Hamilton City
Frankton, Hamilton City
SOLD
2
1
1
CALLING ALL INVESTORS!
This modern and well-appointed two-bedroom brick and tile townhouse is not only low maintenance, but it is also a sound investment for the astute property investor. The townhouse is the end property so has the advantage of windows and doors on three sides allowing plenty of light into the townhouse. There is also a lawn along the side of the townhouse which is a nice feature. The property is well away from the road and is at the rear of the complex ensuring quiet and privacy.
The townhouse offers a large open plan living and dining area, a well-appointed kitchen complete with skylight, two spacious double bedrooms, a modern tiled bathroom with easy access shower, an internal garage, plus a fully fenced sunny courtyard ensuring total privacy.
The property is leased to Housing New Zealand until 4 May 2021. The lease payable by Housing New Zealand to the owner is $1,383 (nett) per month or $16,596 (nett) per year.
A rental appraisal prepared by Ray White Property Management has determined that the property is likely to rent for between $400 to $430 per week on today's market. There is a shortage of good quality rental properties for rent in Hamilton City.
The General Body Corporate Levy, which covers repairs and maintenance, is $710.22 for the year ending 30 June 2021. The Body Corporate Levy, for building insurance, is $744.25 for the year ending 30 June 2021. Hamilton City Council rates are $2,065.42 per year and Waikato Regional Council rates are $394.63 per year.
This location is excellent in the heart of Frankton, being only 5 minutes drive to the Central Business District. Plus located with easy reach of Waikato Hospital. Hamilton Lake and Hamilton Gardens. Only a few minutes walk to the Dinsdale Shopping Centre and supermarket.
If you would like an information pack on the property please call the listing
salesperson Kevin Benge on 021 066 6972
The townhouse offers a large open plan living and dining area, a well-appointed kitchen complete with skylight, two spacious double bedrooms, a modern tiled bathroom with easy access shower, an internal garage, plus a fully fenced sunny courtyard ensuring total privacy.
The property is leased to Housing New Zealand until 4 May 2021. The lease payable by Housing New Zealand to the owner is $1,383 (nett) per month or $16,596 (nett) per year.
A rental appraisal prepared by Ray White Property Management has determined that the property is likely to rent for between $400 to $430 per week on today's market. There is a shortage of good quality rental properties for rent in Hamilton City.
The General Body Corporate Levy, which covers repairs and maintenance, is $710.22 for the year ending 30 June 2021. The Body Corporate Levy, for building insurance, is $744.25 for the year ending 30 June 2021. Hamilton City Council rates are $2,065.42 per year and Waikato Regional Council rates are $394.63 per year.
This location is excellent in the heart of Frankton, being only 5 minutes drive to the Central Business District. Plus located with easy reach of Waikato Hospital. Hamilton Lake and Hamilton Gardens. Only a few minutes walk to the Dinsdale Shopping Centre and supermarket.
If you would like an information pack on the property please call the listing
salesperson Kevin Benge on 021 066 6972
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