16 Kentucky Cresent,
Nawton
Hamilton
$399,000
Ticks all the investment boxes
Land size: 1/2 share in 800m2
House size: 85m2
1 Bathroom
3 Bedrooms
Located at the end of a cul-de-sac this quiet and peaceful home is a fantastic investment with three bedrooms, one bathroom and low maintenance landscaped grounds. This property is on a well regarded street in Nawton of which is located within walking distance to Nawton Primary and Crawshaw school, with the local shops just a short drive away.
Boasting an interior and exterior repaint, new kitchen including a new oven, new floor coverings, curtains and a heat pump, this fully insulated home resounds as a solid investment that will easily attract tenants and more importantly make them want to stay.
Currently tenanted and fully managed at $400pw on a fixed term until April 2018, this property is pretty much cash flow neutral with a Gross yield of 5.2%.
With all the hard work already done you can rest assured this low risk, secure investment will continue to deliver sound returns for years to come.
Whether this is your first step into the property market, or you are looking to build your portfolio, this home is the one that ticks all your boxes and offers solid cash flow.
At Captivate Homes we research and analyse markets across New Zealand that are likely to provide our clients homes where there is long term capital growth and tenant demand. Our experienced team has completed hundreds of homes for clients and helped them to identify the right houses for their portfolios.
Start today by calling our friendly team to discuss how you can get into the market and learn from our experienced directors who have been in the market for more than 20 years on 09 215 1775.