• 162m²

  • 883m²

  • 5

  • 2

  • 1

  • 2


2 Homes 1 Title, 5% Return??

Investors and extended families, here is your chance to purchase 2 convenient homes which sit comfortably on a spacious 883sqm freehold section in sought after Beerescourt. Together both dwellings have a weekly rent appraisal of $960 - $1,040 per week. The main home is a 3 bedroom splitstone brick and tile home, built in the 1980s, an era when homes were built tough. The 3 bedroom brick house has double bedrooms, is carpeted with aluminium joinery, has a separate shower and bath in the bathroom, a spacious living room with its attractive high timber ceiling, and ceiling insulation with two heat pumps which will keep you toasty warm in the colder months. It is fenced with a single garage, with parking space for an additional 4 cars. Plus, there is potential to add value to the main home if you chose to refurbish it yourself.
The second dwelling, an immaculate 2 bedroom plus office Axon panel cladded home, has been tastefully renovated with an attractive modern kitchen and modern bathroom/laundry, and new light fittings and carpets. Its Code of Compliance was issued in April this year, meaning, with the new Government laws, you could potentially deduct the interest as an expense (Please consult further with your accountant). This 2 bedroom dwelling has also been fully rewired and replumbed, meaning there is nothing left for you to do. The office allows you to work in a secluded area. A heat pump provides warmth, while an attractive new deck leads to your front door, not only is it fully fenced with a private back yard for your kids to enjoy, but you also enjoy parking facilities for a further 3 cars, providing a total of 8 parking spaces for both homes, all while keeping the driveway clear!! Both dwellings utilise electric hot water systems for your hot water requirements. With this property, you have various options to choose from, as you can either have your extended family live in one of the homes, or live in one and rent out the other, or simply rent out both, as each home has its own separate meter box.

Open Homes

  • Saturday 26 June 2021 10:30am to 11:00am
  • Property ID:  LH12733
  • Location:  261 Te Rapa Road, Beerescourt
  • Bedrooms:  5
  • Bathrooms:  2
  • Living:  2
  • Garages:  1
  • Land area:  883m²
  • Building area:  162m²
  • open Spaces:  0
  • other Features:  261 Te Rapa Road, Beerescourt, Hamilton City
  • Lot Features:  ROW
  • Feature Rooms:  Conservatory
  • Other Features:  Laundry, Deck
  • Carspaces ( uncovered ):  7
  • Roof:  Tile, Corrugated Iron
  • Exterior:  Axon Panelling and Splitstone brick
  • Joinery:  Aluminium, Timber
  • Office/ Studies:  1

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