7 & 8/13 Crescent Court, Melville, Hamilton, Waikato

The two studio apartments are currently rented for $700 per week to two medical professionals. This provides a 7% Gross Yield return on the investment.

The two Studio Apartments are fully furnished and each has a double bed, TV, two-seater couch and kitchenette plus ensuite bathroom. There is keyless main entry doors and CCTV for added security. Double glazing, insulation and a wall mounted heater keeps the Apartments comfortable all year round. There is a coin operated washing machine and dryer in a communal laundry.

Walk through the back gate to Gower Park for a short 5 minute walk to Waikato Hospital. The Hamilton Lake, Hamilton CBD and the main road south are all close nearby to this near new complex. Cafes, restaurants and bars and a wide range of entertainment options are located close nearby.

The Studio Apartments are well designed and thought out and offer a good sized open plan layout and have their own carpark. The fit out is high end and the chattels in these Studio Apartments are good quality.

There is also an exciting opportunity to establish an Airbnb operation close nearby to Waikato Hospital. Superior Stays a well-known local Airbnb provider estimate that these two studio apartments would generate approximately $52,970 per year in income after the Airbnb host plateform fee and management fee is deducted. The Airbnb operation would provide a 10% Gross Yield return. A Short Stay Rental Appraisal from Superior Stays is available upon request. Superior Stays are available to establish and manage the day-to-day operation for the new owners making this a hands off investment. This exciting opportunity to establish an Airbnb operation close to Waikato Hospital is well worth considering given the excellent gross yield potential that this business operation offers. You will need to make a time to look through.

Please call the listing salesperson Kevin Benge now of 0210666972 for further details and to avoid disappointment.

Land Area Disclaimer PLEASE NOTE: Specified floor and land area sizes have been obtained from sources such as Property Guru, Hamilton City Council (LIM) or Title documents. They have not been measured by the Salesperson or Online Realty Ltd. We recommend you seek your own independent legal advice if these sizes are material to your purchasing decision.