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Forest Lake

94 Forest Lake Road, Forest Lake, Hamilton

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5 Bedrooms
2 Bathrooms
670sqm Land area SQM
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High-Performing Multi-Income Investment


With approx. 6.7% gross annual returns, 94 Forest Lake Road offers exceptional value for investors seeking strong, reliable income in a proven Hamilton location. This property features two self-contained two-bedroom dwellings plus an additional sleepout, providing multiple income streams and long-term flexibility.
Each dwelling is low-maintenance, well-presented, and includes its own single garage. The additional sleepout also has its own garage, creating further versatility for accommodation, work-from-home use, or rental uplift. The combined income profile positions the property as a smart, cash-positive option from day one.
Set on a generous freehold section, the site also holds future development or subdivision potential (subject to council approval). Whether your focus is yield, landbanking, or long-term redevelopment, this address supports a range of strategic pathways-while the existing dwellings ensure income security throughout.
Located moments from Minogue Park, Waterworld, Te Rapa, The Base, and Hamilton CBD, Forest Lake continues to attract strong tenant demand thanks to its convenience, centrality, and access to employment hubs.
Key Highlights
• Approx. 6.7% gross annual returns
• Two self-contained two-bedroom homes
• One dwelling includes an additional sleepout room
• Each dwelling includes a single garage, plus one for the sleepout
• Multiple income streams with strong rental appeal
• Freehold section with development potential (subject to council approval)
• Central, high-demand location close to major amenities and transport links
Opportunities offering this balance of income, flexibility, and upside are rarely available in such a sought-after Hamilton position. Whether you're an investor, developer, or a buyer seeking a multi-dwelling solution, 94 Forest Lake Road stands out as a high-performing and future-proof option.

Asking Price NZ$855,000
Matt Scoble

Matt Scoble

Residential, Lifestyle and Subdivision Sales

Success Realty Ltd, Bayleys,
Licensed under the REA Act 2008

Features

Investment


Strong rental returns already in place

Opportunity


Opportunity to develop

Location


Key amenities, Waterworld, Minogue park and schooling

Home and income


Options for an investors, developers, or families seeking a multi-dwelling solution