


Listing Description
Fully Furnished- 6% Return
2/18 Lorne Street, Melville, Hamilton, Waikato
Asking price $429,000
Details
| Attribute | Value |
|---|---|
| Property type | House |
| Capital value (CV) | $460,000 |
| Parking | 1 garage spaces, 1 carport spaces |
| Property ID# | JPY894 |
| Agency reference | LR6458 |
| Broadband in the area |
Description
Discover this fully furnished two-bedroom unit, a smart addition to any investment portfolio or the perfect first step onto the property ladder. Positioned directly across from Waikato Hospital and just minutes to the CBD, this location is consistently sought after by hospital staff and professionals wanting ultimate convenience and a minimal commute. The open-plan living, dining and kitchen area is thoughtfully arranged to create a welcoming, move-in-ready home. Two couches provide comfortable living space, while the dining table with seating for four is ideal for everyday meals or entertaining. The kitchen comes equipped with a fridge/freezer and microwave, making it practical and easy to settle straight in. Both bedrooms are well-appointed for comfort, the main featuring a double bed with bedside tables, and the second bedroom offering a single bed and bedside. A tidy bathroom with shower, vanity and toilet completes the layout. A covered carport provides exclusive off-street parking, adding further appeal to this low-maintenance property. For investors, the numbers speak for themselves. Currently rented at $525 per week, this property delivers an approximate 6% gross rental return, with reliable tenants already in place who would love to stay - providing immediate income and continuity from day one. Offering affordability, convenience and solid returns in a prime hospital-side location, this is an opportunity not to be missed. Secure your position in this high-demand area today.
Open home times
- to
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.
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