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Sold Properties


$AUCTION    $960 pW (under rented)
1217 Victoria Street, Whitiora

4x2 units

Sold at auction, Sept 2013 for $780,000. Provided a 6.4% gross return on current rents



$1.2m    
23 Jones Crescent, Hamilton

12 furnished studios

Sold in August 2013 for $1.01m. Provided a 7.39% net return



$Auction    $1000 pw
5 St Olpherts Avenue, Claudelands

1x3 + 2x2 + 1x1 units

Sold in July 2013 for $580,000 - gross return of 9.0%



$Auction    $2135 per week
2 Hammond Street, Central Hamilton

10x1 units

Sold at auction on 20 June 2013 with 4 bidders, for $1.31m. Current total weekly income of $2,135 provides an 8.5% gross return



$725,000    $1090 Per Week
239 Old Farm Road, Hamilton East

2x2 + 4x1 flats

Sold in Sept 2013 for $715,000, gross return of 7.9%



$Auction    $1100 per week
633 Grey Street, Hamilton East

3x2 + 3x1 flats, with carports

Sold at Auction on 20 June 2013 with 7 bidders for $745,000. Current income provides 7.7% gross return

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