4/43 Mahoe Street, Melville, Hamilton

Better than money in the bank

Price drop - better than 7% gross yield


If you're seeking a prime real estate investment, this opportunity is not to be missed. Available now is a near new, four-bedroom townhouse in the highly desirable Melville area. This modern, stylish development is ideally located within walking distance to Waikato Hospital and Hamilton Lake, with easy access to Hamilton CBD and local amenities. The current rental income is $1,210 per week with room for growth, making it a strong investment with excellent returns. Currently professionally managed, but easily managed privately.

Each of the four studio bedrooms comes fully equipped with a kitchenette and ensuite bathroom, including a TV, microwave, mini-fridge, and high-quality bed and base, ensuring tenant comfort. The property also features a spacious communal living area, complete with a large kitchen, laundry facilities, and a sunlit, fenced backyard perfect for relaxation. Power is included in the weekly rent, offering added convenience. Built by Assured Property, known for their low-maintenance, purpose-built investments, this property is designed for hassle-free passive income. Constructed with high-quality materials such as brick and Linea weatherboard, it boasts double glazing and full compliance with healthy homes standards. The Freehold title spans 239sqm (more or less) and includes two car parks, making it an appealing addition to any rental portfolio.

With four bedrooms and four bathrooms, this property offers flexibility and is in high demand, particularly from hospital staff, international students, and professionals seeking independent living.

Don't miss the chance to acquire this exceptional FREEHOLD property in an area poised for significant capital growth. Get in touch today.