31B Fairmont Street, Ngaruawahia, Waikato, Waikato

This cros lease property would make an excellent rental investment, at a very affordable purchase price. It is a very healthy 6.7% return on your investment and with some updates you can reap the rewards. The property is currently managed by a respected management company, with consistently high demand for rental properties in Ngaruawahia. The tenant is reliable and has never missed a rent payment.

Situated on its north facing rear site, you will find this nicely presented three bedroom home with views over the playing fields of the local school and the Hakarimata Ranges beyond.

Indoors the open plan living, lounge, dining room and kitchen creates an easy flowing configuration. The low maintenance section includes a large storage shed for all the toys and tools and a fully fenced backyard for the kids to play safely.

Rental Appraisal - $520 per week Waikato District Council Rates - $3,997.35 per year Waikato Regional Council Rates - $346.20 per year.

Just a few minutes from the town and from the Waikato Expressway, which allows easy access to both Hamilton and Auckland.

Please contact Maree Allen on 021658221 or email mailto:maree.allen@professionals.co.nz to arrange a viewing.