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Listing Description

Listed: Tue, 13 Aug

New Apartment with Commercial Income

3/141 Ossie James Drive, Rukuhia , Waipa, Waikato

Price by negotiation

Details

  •   3 Beds
  •   2 Baths
  •   1 Living area
  •   125m² Floor
Other Features
  •   Home & Income potential
AttributeValue
Property type
Apartment
Parking
4 on-site parking spaces
Property ID#
IZV487
Agency reference
CPB1711IM
Broadband in the areaFibre, ADSL, VDSL, Wireless

Description

A generous 125m2 floor apartment completed March 2023 (as new condition) located in Central Precinct, Hamilton Airport.

3 bedroom, 2 bathroom apartment with 20m2 outdoor terrace and rural views, plus 4 on-site carparking spaces.

Opportunity to create a live/work space ie integrate an office space within the apartment space.

The apartment is integrated with a Ground Floor Warehouse/Office space of 318m2

Line in the Apartment and get an investment/retirement income of $54,444 + GST + Outgoings.

Key Features:

  • As new commercial/residential building completed early 2023
  • Minimal maintenance -Lock up and leave, while obtaining a fixed income of $54,444 + GST + outgoings

Estimated Values:

  • 3 bedroom 125m2 apartment with carparks estimated $700,000
  • 318m2 high stud warehouse including a 40m2 office and 3 on-site carparks rented at $54,444 + GST, estimated $940,000 Total estimated Price: $1,640,000 (+ GST if any)

Summary: Bank valuation available with a replacement value for land and buildings of $2,229,000. This is the opportunity to purchased a mixed Residential/Commercial property at much less than the current replacement value. Live and work in a quality apartment with the benefit of a Ground Floor Tenant paying $54,444 + GST + outgoings Everything you need in one location.

Phone Sole Agent Ian McHarg to discuss this property, the sale price, and potential sales terms today! mailto:ian@nzcpb.co.nz or 0275560152


Open home times

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Property Files

Ian McHarg

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Ian McHarg


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Agent's details

Ian McHarg

Enquire about the property

NZ Commercial Property Brokers Ltd, (Licensed: REAA 2008)

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