Residential
More from realestate.co.nz:
Agents News

1/81 Normandy Avenue, Melville, Hamilton City

8.7% Gross Return

dollar

$609,000

House
House
Bedroom
4
Bathroom
4
Floor area
127m2
On this page:

Property details

Listing # L37683436 | Listed on 24 November

If you're looking for a high-yielding investment or a house to live in with flatmates to give you additional passive cash flow then you must consider this unique property.

The property consists of a communal living and dining area, and four studio apartments, each with their own kitchenette & bathroom. Designed to be rented by room, the current rent totals $1.020 per week with upside possible. Annualised that equate to an 8.7% return on the asking price.

Situated alongside Waikato Hospital, public bus routes and an easy walking distance to shops and public reserves. The long-term prospects are bright.

Call Vaughan today to organise your inspection.

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

Schools and childcare in the area

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