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2/44 Lorne Street, Melville, Hamilton City

Prime investment opportunity

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Negotiation

House
House
Bedroom
4
Bathroom
4
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Property details

Listing # L40037244 | Listed on 26 March

Positioned in a high-demand pocket directly across from Waikato Hospital, this income-generating property presents a compelling opportunity for investors seeking consistent returns in a proven rental location.

Configured as a two-level dwelling, the property features four fully self-contained studio rooms, each complete with its own ensuite. A shared kitchen and living space provide a practical communal environment, while the inclusion of a commercial-grade washing machine and dryer adds further convenience for occupants. The current setup is well suited to long-term tenants, with reliable residents already in place who would be keen to remain.

The building itself is designed for minimal upkeep, making it an attractive option for investors wanting a straightforward, easy-to-manage asset. Body corporate fees cover exterior upkeep including grounds maintenance and regular building washing. A double carport provides additional functionality, offering off-street parking for tenants.

The location underpins the strength of this investment. Sitting just moments from the hospital, the property benefits from ongoing tenant demand driven by healthcare workers and associated services. Hamilton Lake, nearby walking tracks, and key transport routes are all within easy reach, along with convenient access into the CBD.

Contact Ace Thomas for further information or to arrange a viewing.

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Additional features

Other park
2 other parks
Other Features: Tv Bracket,Fridge/Freezer,Double Beds x4,TV's x4,Bedside Cabinets x4,Dressers x4,Study Table x4,Chairs x4,Microwaves x4,Washing Machine x1,Dryer x1,Sofa x1,Coffee Table x1

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