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Healthy Yield, Excellent Condition, Great Location

Hamilton East, 18 Hogan Street

Price by Negotiation

  • 20
  • 8
  • 4
  • 6
Listing Number: CH9424
About this listing
- 4x5 bedroom spacious apartments
- Returning $2,570 pw, potential for more
- 52 week occupancy history
- Separate titles
- Walk to University of Waikato

Built to an exceptionally high standard in 2012 this complex of four apartments offers generous double bedrooms with large wardrobes and built in desks, two well appointed bathrooms and spacious open plan dining/living extending out to sunny courtyards. Bosch and Fisher & Paykel appliances, and quality chattels throughout. The combination of high calibre tenants and proactive management and maintenance has ensured exceptional condition. Located only a short walk from the university, it is handy to Ruakura's Innovation Park, local shopping and hospitality. Understandably, there has not been a vacancy since built, with current tenancies fixed until February 2018. The property has four unit titles providing financing flexibility and the potential for gains from individual sales. Our owner will entertain separate sales (priced from only $589,000 offering a 5.5% gross return). Call Campbell or Anton today for the detailed information memorandum.
Property Information
  • Tenure: Freehold
  • Property condition: Excellent
  • Property Type: Block of units
  • House style: Contemporary
  • Unit style: Number in block: 4, Number of levels: 2
  • Garaging / carparking: Off street
  • Construction: Corrugated Iron, Weatherboard and Brick
  • Joinery: Double glazing
  • Roof: Coloured steel
  • Insulation: Walls, Floor, Ceiling
  • Flooring: Carpet
  • Window coverings: Drapes
  • Heating / Cooling: Other (Heatpump)
  • Electrical: Satellite dish
  • Property Features: Security system, Smoke alarms
  • Chattels remaining: Electric wall oven x 4, Ceramic cooktop x 4, Dishwasher x 4, Rangehood x 4, Fridge/Freezer x 4, Clothes dryer x 4, Microwave x 4, Heatpump x 4, Alarm x 4, Sky satelite Dish x 1, Drapes, Fixed floor coverings, Light fittings
  • Kitchen: Open plan
  • Living area: Open plan
  • Main bedroom: Double and Built-in-robe
  • Bedroom 2: Double and Built-in / wardrobe
  • Bedroom 3: Double and Built-in / wardrobe
  • Bedroom 4: Double and Built-in / wardrobe
  • Bedroom 5: Double and Built-in / wardrobe
  • Main bathroom: Separate shower
  • Aspect: North, West
  • Outdoor living: Entertainment area (Uncovered and Concrete)
  • Fencing: Fully fenced, Materials (Timber)
  • Land contour: Flat to sloping
  • Water heating: Electric
  • Water supply: Town supply
  • Sewerage: Mains
  • Locality: Close to transport, Close to shops, Close to schools

Contact Details

Property Location

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