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Realty Lab - A Branch of eXp New Zealand, (Licensed: REAA 2008)
Neil Ransfield Neil Ransfield

5A Inverness Avenue, Hamilton East

Deadline sale by 1 Apr

Listing Description

Listed: Mon, 9 Feb

Investing made easy

5A Inverness Avenue, Hamilton East, Hamilton, Waikato

Details

  •   6+ Beds
  •   6+ Baths
  •   2 Living areas
  •   400m² Floor
  •   617m² Land
Other Features
  •   6+ Separate toilets
  •   6+ Off-street parking
AttributeValue
Property type
House
Capital value (CV)
$1,480,000
Parking
uncovered parking
Broadband in the areaFibre, ADSL, Satellite, Wireless

Description

12 FURNISHED STUDIO UNITS NEAR WAIKATO UNIVERSITY This is your chance to secure a high-performing, low-maintenance investment in one of Hamilton's most sought-after rental locations. Just a stone's throw from Waikato University, this block of 12 fully furnished studio units is a proven cash cow, returning an impressive $238,000 gross per annum.

Each studio is self-contained and well-presented, providing an attractive option for students, academics, and professionals alike. With occupancy consistently near 100%, these units are in high demand year-round, offering stable, reliable income with minimal vacancy risk.

Property Features:

12 furnished studio units

2 communal kitchens for tenant convenience

Coin-operated laundry for additional passive income

Well-maintained with easy-care grounds

Ample parking and bike storage

Walking distance to Waikato University, shops, and public transport

Zoned for steady student and solo person tenant base

This is a turn-key investment offering immediate returns and minimal hassle. Properties of this caliber and return profile are rarely available and tightly held. Whether you're a seasoned investor or looking to grow your portfolio, this is one not to miss. To be sold by deadline sale 1st April 2026 unless sold prior.


Open home times

No times scheduled

Property Files

Neil Ransfield

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Local Schools




While we've done our best to correctly list schools in this location, school zone information may not be exact, so please double check with the school.



Realty Lab - A Branch of eXp New Zealand, (Licensed: REAA 2008)
Neil Ransfield

Neil Ransfield


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Agent's details

Neil Ransfield

Neil Ransfield

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Realty Lab - A Branch of eXp New Zealand, (Licensed: REAA 2008)

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