Residential
More from realestate.co.nz:
Agents News

5A Inverness Avenue, Hamilton East, Hamilton City

Cash cow investment

dollar

Deadline Sale

Unit
Unit
Bedroom
12
Bathroom
12
Floor area
400m2
Land area
617m2
Title type
Freehold
On this page:

Deadline sale

Wednesday
4:00pm
15
Oct

Property details

Listing # 5820006 | Listed on 25 September

12 FURNISHED STUDIO UNITS NEAR WAIKATO UNIVERSITY
Deadline Sale: Closes Wednesday 15th October 2025 (unless sold prior)

This is your chance to secure a high-performing, low-maintenance investment in one of Hamilton’s most sought-after rental locations. Just a stone’s throw from Waikato University, this block of 12 fully furnished studio units is a proven cash cow, returning an impressive $238,000 gross per annum.

Each studio is self-contained and well-presented, providing an attractive option for students, academics, and professionals alike. With occupancy consistently near 100%, these units are in high demand year-round, offering stable, reliable income with minimal vacancy risk.

Property Features:

12 furnished studio units

2 communal kitchens for tenant convenience

Coin-operated laundry for additional passive income

Well-maintained with easy-care grounds

Ample parking and bike storage

Walking distance to Waikato University, shops, and public transport

Zoned for steady student and solo person tenant base

This is a turn-key investment offering immediate returns and minimal hassle. Properties of this calibre and return profile are rarely available and tightly held. Whether you’re a seasoned investor or looking to grow your portfolio, this is one not to miss.

Deadline Sale Closes:

4:00pm, Wednesday 15th October 2025 (unless sold prior)

For a full information pack or to arrange a private viewing, contact Neil

Your notes
Add notes for your personal reference. This can only be seen by you.

Additional features

Roofing: Mix.Material, Corrogated Iron
Lot Features: ROW

Schools and childcare in the area

$
$
% p.a.
years
$0 per week
Contact the agent
Name  (required)
Email  (required)
Phone
I'd like to enquire about:
Your message
A young family with pets illustration