Wholesale Property

182 LONDON ST HAMILTON CENTRAL Townhouses

• Well designed, high quality, low maintenance, townhouses in prime Hamilton CBD location

• 23 x 3 bed newly built townhouses

• Price: $665,000k on a 5% deposit

• Positive cashflow $126 per week

• 24% of dwellings in this suburb have 3-4 occupants and 21% have annual household income of $100k+

• The property is situated on the northern side of London Street, on the corner with Tristram Street and approximately 400m to Victoria Street in the central part of the Hamilton’s Central Business District. It is within easy driving distance to all levels of schooling and easy walking distance the Waikato River.

HAMILTON CITY HOUSE/TOWNHOUSE MARKET PERFORMANCE

Market data sources: Real Estate Investar, Tenancy Services, REINZ, One Roof

PRICE AND AVAILABILITY SUMMARY

Note: The NSA/Net Sqm/Int. SQM area is calculated from the mid-point of the inter-tenancy wall to the external face of the façade as per PCNZ Guidelines.

ADDITIONAL DOCUMENTS

• Property Investors 3-bed forecast unfurnished

• First Home Buyers 3-bed forecast

• First Home Investors 3-bed forecast

• Rental assessment

• Valuation

• Site plan

• Floor plans

• Landscaping

• Bodycorp rules

• Bodycorp budget

• Specifications

• Code of compliance

• Title

ABOUT THE PROJECT

London Street is within the City Living Precinct in the Central City zone. Hamilton City Council envisages the City Living Precinct as an area with the greatest potential for transformation. Currently, a number of uses would be more appropriately located to industrial areas outside the Central City.

Council is facilitating development to provide for a new mixed-use environment with an emphasis on establishing higher-density commercial and residential activity within the City Living Precinct will improve existing streetscapes and amenity in the area. Combined with this, providing better connections to existing open space and local amenities will attract and retain a high resident and working population.

• The property is right next to Hamilton Green Belt in the CBD.

• Right in Hamilton CBD, café next door, walk to work, shops, restaurants etc

• Short walk / Lime scooter to Hamilton Lake or Waikato River walk

• Right opposite Seddon Park Cricket ground and 2 blocks from Chiefs Rugby Stadium.

HAMILTON OVERVIEW

Hamilton is New Zealand’s fourth largest city and the third fastest growing city after Auckland and Pukekohe and it represents an affordable location with high growth expectations. According to Visithamilton.co.nz the population of Hamilton was estimated at 156,800 in June 2015 - an increase of 15,188 people from the 2013 Census. The city is predicted to grow to 175,000 by 2022. Hamilton is located in the heart of the Waikato, one of New Zealand’s richest regions, responsible for 20% of the country’s total exports. Agriculture, biotechnology, light aviation, transport logistics, science research, education and healthcare lead the Hamilton economy, providing diverse employment opportunities in the city.

• Hamilton urban area was estimated to have around 188,000 inhabitants in 2015

• Has a youthful population, with nearly half under 30 years of age.

• NZ’s longest river, the Waikato, flows for 16km through the city

• Mild climate & moderate year-round rainfall keep the city and surrounding areas very green

• Mean temperatures of 18°C in January (summer) and 9°C in July (winter)

• 135 parks/gardens and 58 sports areas and over 1,000 hectares of open space

• More than 40,000 tertiary students choose Hamilton’s learning institutions every year

• Home to the 26,000-person capacity Waikato Stadium