This 2017 purpose built studio apartment block is just waiting for the discerning buyer looking for a hassle free investment.
• Three modern units providing 13 studio rooms
• Fully leased investment returning $190,000 pa
• Highly sought after location in rental market providing a solid income stream
On offer at 54 Cook Street is three unit titles, made up of 13 studio rooms. Each apartment building has communal living on the lower level with full kitchen, laundry facilities, heatpump, outdoor patio area and one studio room. Upstairs are a further three studio rooms (five rooms in 54c). Each fully furnished, self contained studio room is approximately 25m2 and consists of bedroom/living, kitchenette (sink, mini fridge, microwave) and bathroom.
Currently leased on a fixed term tenancy until 30th April 2023 (with conditions) and returning $190,000 per annum - Just take over, sit back and enjoy the rental income. Full Tenancy schedule available on request.
Well located in the popular residential suburb of Hamilton East, just a short stroll into the village. Close to the University and easy access to the City Centre and Hospital makes this a top spot.
This easy low maintenance property is a superb residential investment opportunity offered to the market.
Call me now to talk over your options.