This property is an excellent opportunity for first-time investors or those looking to grow their investment portfolio. With its entry-level price point, financing becomes more achievable. The property has the potential to rent for approximately $580 per week, generating an impressive 6.9% gross yield for the owners. Located in the heart of Hamilton City, this apartment is perfectly positioned and comes with its own secure car park. Equally suitable for first time home buyers, or those looking to get on the property ladder. Especially buyers looking for lock up and leave, or the convenience of a central city pad.
The apartment's central location is a major draw, situated within the Collingwood Apartments. It offers easy access to cafes, restaurants, shops, supermarkets, the central library, city museum, and riverbank walkways. Additionally, it is just a short walk to Centre Place Mall, SkyCity Casino, FMG Stadium, Wintec, Garden Place, and Victoria Street, ensuring tenants will appreciate the convenience.
Recently renovated throughout, the property has been upgraded to a high standard. It features fresh paint, new carpet and blinds, and a brand-new kitchen with a cooktop, oven, and rangehood. The bathroom has been modernized with a new vanity, while the apartment also includes a heat pump, dishwasher, washing machine, and clothes dryer for added convenience.
The apartment boasts a spacious and functional layout with a large open-plan lounge and a well-equipped kitchen. An adjoining office or sunroom provides versatility, and the two double bedrooms are generously sized, each with built-in wardrobes. The newly renovated bathroom offers plenty of space, and the property includes a secure covered car park and a lockable storage locker.
This property's modern features, central location, and high-quality presentation make it highly appealing to quality tenants, ensuring a solid return on investment for the new owners. With such strong demand, this property will not last long. Contact us today to arrange a viewing or find out more about this exceptional opportunity.
