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4/240 Old Farm Road, Hillcrest, Hamilton City

6.1%–10% Yield Steps from Waikato University

dollar

Asking Price $569,000

Unit
Unit
Bedroom
3
Bathroom
1
Floor area
73m2
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Property details

Listing # ARZ17839 | Listed on 15 April

The Ultimate Parental & Investor Play

Stop paying your landlord’s mortgage and start building equity in Hamilton’s most strategic investment pocket. Positioned in a "Red Zoned" area where new development is restricted, these units represent a rare opportunity to own a high-performance asset with protected supply.

By the Numbers: Proven Performance

We don't just guess on returns; we have the data from this exact complex:

- The Long-Term Hold: Unit 4 was recently tenanted at $680 per week, delivering a solid 6.1% gross yield at the $569,000 price point.

- The Airbnb Advantage: Units 5 and 6 have been performing as short-term rentals. Between January and March, Unit 5 averaged $1,043 per week (9% yield), while Unit 6 reached $1,177 per week (10% yield).

- Scalability: While Unit 4 is ready for immediate possession, other units available for those looking to secure a dual-asset portfolio.

Strategic Location & Future Proofing

If you are a parent with children heading to University, this is the ultimate "safety and savings" move. It is a short, secure walk to campus, saving on transport and rent while you gain from Hamilton's capital growth.

- Education Hub: Overlooking Waikato University grounds with the new Medical College planned for 2028.

- Economic Driver: Minutes from the Ruakura Superhub and Innovation Precinct.

- Low Maintenance: Built by Assured Property with durable brick and aluminium—designed to perform, not to drain your weekends.

Don’t settle for average returns. Whether you’re looking for a high-yield Airbnb, a steady rental, or a smart home for your kids, these units are the most logical buy in Hillcrest.

Contact Kirn Parmar today for a straight-talking breakdown of the numbers.

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Additional features

Other park
1 other park
Rates
Levy: $1,344 anually

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