


Listing Description
Investing made easy
5A Inverness Avenue, Hamilton East, Hamilton, Waikato
Details
| Attribute | Value |
|---|---|
| Property type | House |
| Capital value (CV) | $1,480,000 |
| Parking | uncovered parking |
| Broadband in the area |
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
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Local Schools
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