For Sale

4/23 Ross Crescent, Fairfield, Waikato

$565,000

2
1
1
93 m²
211 m²

House

30+ days on the market

What's around 4/23 Ross Crescent

Leased Till 2030 Freehold

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.

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