


Listing Description
Over 7% Yield - Smart University Investment
2/113 Knighton Road, Hillcrest, Hamilton, Waikato
Asking price $629,000
Details
Attribute | Value |
---|---|
Property type | Unit |
Capital value (CV) | $710,000 |
Parking | 1 garage spaces |
Agency reference | LH14465 |
Broadband in the area |
Description
Perfectly positioned directly across the road from the University of Waikato, 2/113 Knighton Road offers the ultimate in location, convenience, and return. Whether you're looking to grow your investment portfolio or secure a home with income potential, this property delivers.
Featuring three well-sized bedrooms, each with its own ensuite bathroom, this setup is ideal for student living or flatmates wanting privacy and independence. A shared living space creates a comfortable communal area, while the single internal-access garage adds practicality and storage.
Currently returning $880 per week, this property yields a gross return of approximately 7.27% based on the asking price of $629,000-a compelling opportunity which is rare in Hamilton. Within walking distance to Hillcrest shops, eateries, and essential amenities, and just steps from the university, this low-maintenance investment is as smart as its surroundings.
Key Features:
- 3 bedrooms, each with its own ensuite
- Shared living area
- Single internal-access garage
- Currently rented for $880/week
- Approx. 7.27% gross return (at $629,000)
- Across from the University of Waikato
- Walk to Hillcrest shops and amenities
Don't miss your chance to secure a prime investment or a convenient lifestyle location. Contact Bill Burnett today for more information or to arrange a viewing.
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