Property ID: NZ5081
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Hillcrest, HAMILTON Price: NZ$348,000

 

 

 



 

 

 
Brand-new stand-alone two-bedroom houses to be built in popular and sought-after suburb of Hillcrest, Hamilton. Very handy to Waikato University campus. Close to schools, parks, shopping, public transport. Expected completion December 2010. Secure today with 10% Deposit and no more to pay till Settlement. These houses will be leased to Housing New Zealand Corporation for up to fifteen (15) years. Government-guaranteed rental income. No vacancy worries as the rent is paid even if the property is empty for any period of time.
  • Two-bedroom stand-alone houses for sale now
  • Single lock-up garage with internal access, plus extra parking
  • Floor area of houses 105 square metres +
  • Double-glazed windows for warmth and residents' comfort
  • Solid brick construction for low maintenance
  • Freehold land 333 square metres +
  • Ideal for investors looking for long-term security of tenure
  • Close to shops, schools, reserves, public transport
  • Short walk to Waikato University campus
  • Rent $345 per week for first year, with annual rent reviews
  • Rental income guaranteed by Housing New Zealand Corp.
  • Leased to Housing New Zealand for up to 15 years
  • Independent Registered Valuation $348,000
  • Superb investment properties priced at only NZ$348,000
  • Secure with 10% Deposit with no progress payments