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198 & 198A Mahoe Street, Melville, Hamilton City

Exceptional "Dual-Homes" do your sums..

dollar

$995,000

Multiple properties
Multiple properties
Bedroom
9
Bathroom
3
Land area
650m2
Garage
1
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Property details

Listing # HM57233 | Listed on 9 April

Welcome to 198 and 198a Mahoe Street - come inside these two homes. Set so close to Waikato Hospital.
Discover a unique investment opportunity - Any astute investor will know this is excellent buying.

Tenants are now paying $750/week for the front house (12 month fixed term until June 2026), and $650/week for the back house (TBC) - making it the ultimate return of $72,800 (52 weeks). You do the sums...

On a single title with their own power, yards, entrances, shedding.

A total of 9 bedrooms, 3 bathrooms, 3 lounges, large garage and huge potential still left for someone wanting to still create more here.

This dual-home represents a rare find in this prime location. Whether you're an astute investor seeking strong returns, or a homeowner desiring versatile living arrangements, healthcare workers - these offerings warrant serious consideration.
Main home has 5 bedrooms, 2 heatpumps, internal access garage, 2 bathrooms, brand new carpet, HRV, a big deck, and enjoys some double glazing.

Second dwelling has 4 bedrooms, heatpump, fantastic storage, its own yard, access to the big park and is around 160m2 footprint.
Convenient amenities include local shops, bus stops, all grades of schooling, Waikato Hospital/Braemar Hospital, Gallagher Aquatic Centre and immediate access to quick exit North or South.
Our owners have tidied up and added the new carpet. They have ordered you a new LIM report, which you will find on our property files:

Copy and paste the link to download the files: https://www.propertyfiles.co.nz/property/mahoe198and198a

The files include LIM report, rent return, rental appraisals and Healthy Home Certificates.

Call Lisa Sigley at Harcourts to view today 021722281. www.lisasigley.com

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Additional features

Other park
4 other parks
Rates
Rates: $4,425 per annum
Other Features: Dishwasher x2,Garden Shed x2,Heat Pump x3,Stove in back house (not working),Water filter in front house is disconnected
$
$
% p.a.
years
$0 per week
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