Back Hamilton City1/47 Helena Road

Over 7.6% Return (gross)

1/47 Helena Road, Hillcrest

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This surefire investment can't fail to excite buyers. The double glazed freehold townhouse unencumbered by body corp fees, is near new, comprises low maintenance brick and linea board construction, meets all Healthy Homes standards and lies in the heart of the university precinct. Investors will see an extraordinary opportunity here. The home's five independently let-able and well-appointed bedroom studios draw $240 per week each with an updated rental appraisal of up to $260 per week. Five weekly income streams mean there'll always be rent coming in, even during a tenant changeover. The individual rooms are furnished with a queen bed, bedside table, dining table and two chairs, kitchenette facilities and an ensuite. Power, internet and gas are covered by the weekly rent. Car port parking is available. Cleverly configured, the modern layout encompasses communal living, a kitchen, laundry and two bedroom suites on the ground floor, with the remaining three bedrooms occupying the upper level. The chattel list is extensive. Superbly located for students and faculty, the University of Waikato campus is easy walking distance and the area is dotted with shops, sports grounds and eateries. Contact Yvenna or Craig for further information today.

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Main property features

551200 

 

Features

  • Land Size:

    200 sqm

     
  • Property Type:

    House

     
  • Property Features:

    Security system

     
  • Roof:

    Coloured steel

     
  • Tenure:

    Freehold

     
  • Tenure Detail:

    An Estate in Fee Simple being 200m² more or less of Lot 3 DP 525884, and An Estate in Fee Simple being 1/10 share of 178m² more or less of Lot 11 DP 525884.

     
  • Approx year built:

    2018

     
  • Property condition:

    Excellent

     
  • Garaging / carparking:

    Open carport

     
  • Construction:

    Weatherboard and Brick

     
  • Joinery:

    Aluminium, Double glazing

     
  • Insulation:

    Walls, Ceiling

     
  • Flooring:

    Carpet and Tiles

     
  • Window coverings:

    Drapes

     
  • Chattels remaining:

    Fixed floor coverings, Light fittings, Rangehood, Dishwasher, Cooktop, Smoke Detector, Burglar Alarm, Sofa, Dining Table + Chairs (x6), Vacuum Cleaner, Washing Machine, Dryer, Fridge, Oven, Cookware Set, Bed (x5), Mattress (x5), Small Tables (4), Chairs (x10), Microwave (x5), Bar Fridge (x5), Oil Heater (x5), Student Desks (3), Bedside (x5), Drapes

     
  • Kitchen:

    Modern, Open plan, Dishwasher, Separate cooktop, Separate oven and Rangehood

     
  • Living area:

    Open plan

     
  • Main bedroom:

    Double and Built-in-robe

     
  • Ensuite:

    Separate shower

     
  • Bedroom 2:

    Additional Info (Ensuite), Double and Built-in / wardrobe

     
  • Bedroom 3:

    Additional Info (Ensuite), Double and Built-in / wardrobe

     
  • Bedroom 4:

    Additional Info (Ensuite), Double and Built-in / wardrobe

     
  • Bedroom 5:

    Additional Info (Ensuite), Double and Built-in / wardrobe

     
  • Laundry:

    In kitchen

     
  • Views:

    Urban

     
  • Aspect:

    North

     
  • Fencing:

    Partial

     
  • Land contour:

    Flat

     
  • Water heating:

    Gas

     
  • Water supply:

    Town supply

     
  • Sewerage:

    Mains

     
  • Locality:

    Close to transport, Close to schools, Close to shops

     
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