Darren Anderson

Commercial Sales & Leasing Specialist

Darren has earned a preferred status with many of his past clients and will often have prime investment buildings listed before other agencies.

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Beat the bank - Potential 6% Plus - Whitiora $689,000

Hamilton, Whitiora 7/188 Ulster Street
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Property ID: EHV168

***Last end unit still available! Now is the perfect time to take advantage of record low interest rates to grow your property portfolio. This near new townhouse has three independent tenancies meaning consistent cash flow of $780 - $810 per week ($40,000 plus gross pa!). The property consists of three fully furnished studios that come with their own ensuite, wifi and power boards. The chattels list will impress including Queen bed, 40-inch TV, microwave, fridge and plenty more. A fully equipped kitchen lounge and dining area (shared) plus onsite car parking is available to the tenants. Recently built meaning low maintenance and 100% compliance with the new building standards. Located right on the doorstep of the CBD in an area popular with tenants. Innovative design sets these units apart from other investment options including high-quality build, superior fixtures and furnishings. The property comes fully tenanted and occupancy rates of other similar developments are in the high 90% so you can be confident your investment will be working hard for you all year round. This is the only end unit still available so do not miss out, act now! Call Tom 0204 074 9364 or Darren 021 933 570 today for more information.

Legal Description:

Lot PT LOT4, DP12842

Land Valuation:

$640,000

Capital Valuation Date:

1/9/2018

Year Built*:

2019

Exterior Construction:

Cavity

Joinery:

Aluminium

House Area*:

116 square metres (approx)

Bedrooms:

3

Chattels:

Fixed Floor Coverings, Curtains, Light Fittings, Dishwasher, Heat Pump x 3, Hob - Electric, Microwave, Oven - Underbench, Rangehood, Refrigerator, Washing Machine

 

*Please note: the floor area and property information was sourced from Property Guru and/or LINZ.