Investment Flats, University

A great investment block of 6x 1 bedrooms flats, situated within 100 metres from the entrance to the Waikato University. All flats are supplied with washing machines and all but one with fridges. There are several long term tenants in place, with a current return of $49,920 gross per annum.

The property is under rented, as a rental assessment of $62,400 gross per annum would suggest. The property has good off street parking, has great first floor balcony's and is very close to a busy urban shopping centre and schools. The current owner has had the property for over 23 years, and is reluctantly letting it go.

This property has lots of potential to further increase rents.
So call me now to make an appointment to view.

Don Sargent 027 766 0080