42 Lindsay Cres

Nawton Waikato

Other

Currently for sale - view listing

Overview

One Title, Two Homes. Brilliant Buying at 7.2% Gross Return

Now priced and offering brilliant buying, 42 Lindsay Crescent deserves a place at the top of your viewing list. Two separate homes on one title, a combined rental appraisal of $1,050 per week and a potential gross rental return of approximately 7.2% per annum making this a compelling opportunity. The newer front home features two bedrooms, one bathroom and parking, with a modern kitchen offering generous bench space, a breakfast bar and ample cabinetry. Connected kitchen, dining and living spaces create an easy everyday layout, while sliding doors open from the lounge onto the deck. Currently vacant, it gives you the opportunity to select your tenants and establish the next tenancy. The larger rear home offers three bedrooms, a generous living area and a family bathroom with a shower over the bath. Covered outdoor space adds room to spread out, with space for the kids to play. Occupied by tenants on a periodic tenancy who would love to stay, this home provides an existing rental component alongside the vacant front dwelling. Together, the two homes are appraised to return $54,600 per annum. With two potential rental streams within one purchase, this is an opportunity to build your portfolio or secure your first investment. The location strengthens the rental appeal. Nawton Shopping Centre, Nawton School and local community facilities are within walking distance, while Hamilton CBD, The Base Shopping Centre and Wintec campuses are a short drive away. The vendors are ready to move forward, and the property is now priced for your consideration. Better than keeping money in the bank! Investors, put 42 Lindsay Crescent at the top of your viewing list. Contact Jordan Cox or Tony Kerapa today for the property information or to arrange your viewing.