Listed: Thu, 5 Feb

Four Modern Units|Strong Returns|Prime Location

1,2,3,4/50 Lorne Street, Melville, Hamilton, Waikato

To be sold by tender (closes on 26 Feb)

6+ Beds
6+ Baths
4 Living areas

Other Features

6+ Separate toilets
4 Garage parking

Attribute	Value
Property type	Townhouse
Parking	4 garage spaces
Agency reference	HM57966

An exceptional opportunity to secure a solid, low-maintenance investment comprising four modern units, superbly located close to Waikato Hospital and Hamilton CBD. Completed in 2012 with durable brick construction, this well-presented complex delivers strong and consistent rental returns, making it a standout option for savvy investors.

Currently returning a combined rental income of $2,275 per week ($118,300 per annum), the property offers both immediate cash flow and long-term capital appeal.

Key Features: * Four units, each on its own individual title * A total of eight bedrooms, six bathrooms, four living areas and four internal access garages * Built with low-maintenance brick construction * Fully double glazed throughout * Healthy Homes compliant * Excellent tenant demand location close to hospital, CBD and local amenities

Current Rental Breakdown: * Unit 1: $570 per week * Unit 2: $575 per week * Unit 3: $570 per week * Unit 4: $560 per week * Total: $2,275 per week | $118,300 per annum

This is a rare chance to acquire a tightly held multi-unit complex that ticks all the boxes for location, yield and future capital growth.

Be proud to add this quality asset to your investment portfolio. Contact your favourite Team Tony Tang today for more information.

Open home times

No times scheduled

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.