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4/23 Ross Crescent

Fairfield Waikato

2
1
1
93 m²
211 m²
House
Currently for sale - view listing

Overview

Leased Till 2030

THE ULTIMATE SET & FORGET INVESTMENT Here's your opportunity to secure a well-maintained freehold investment property offering strong, reliable returns and long-term peace of mind. Positioned on a 211sqm freehold section, this tidy two-bedroom apartment features one-bathroom, single car garaging, and is presented in excellent condition throughout. Managed with a secure lease in place until 2030, plus a further renewal option beyond, this is the type of investment savvy buyers search for. Returning $585 per week with rental increases reviewed quarterly, this property delivers consistent income with minimal stress. Well looked after and professionally managed, it truly is a "buy and forget" style investment. Next rent review/increase due in September, Subject to CPI adjustments. Conveniently located close to Hamilton CBD and everyday amenities, this property combines location, security, and long-term income potential all in one package. Key Notes "Buy and Forget" style: The lease structure guarantees a standard 52-week income with zero vacancy gaps. Plus, the tenant organisation is legally locked in to hand the property back in its original, immaculate condition at the end of the lease. Tax perks: Since it's registered under the Public and Community Housing Management Act, it gets New Zealand interest deductibility rules that standard residential investments miss out on. Parking: as it is the end property the single garage and the extra off-street parking space. Access to the park: Has its own gate to access the adjacent park/reserve. Investor opportunities like this are rare secure your future income stream today. For further information regarding the lease structure and investment details, contact Jim directly.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
93 m² floor area
211 m² lot size
House

Happy sellers in Fairfield

84%
84% of sellers in Fairfield reported that their sale price either exceeded or met their price expectations.

Fairfield stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 59 reviews in Fairfield over the last 12 months.

Local market activity for 2 bedroom houses in Fairfield

In the last 12 months, 21 two-bedroom houses similar to 4/23 Ross Crescent, have been sold.

This represents a 16% decrease in two-bedroom houses sales when compared to the previous 12 months.

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