At just $539,000, this Hillcrest investment is delivering the kind of returns that are becoming increasingly difficult to find.

Positioned directly opposite Waikato University and located within a tightly controlled Red Zoned area where future development is restricted, this is a rare opportunity to secure a high-performing asset in a supply-protected location.

Why Investors Are Taking Notice:

• $539,000 asking price – recently reduced by $20,000

• $17,845 net income generated over a six-month period (November–April)

• 6.6% net annualised return based on actual Airbnb performance after management fees and booking costs

• January alone produced $4,712 net profit – equivalent to a peak annualised yield of approximately 10.5%

• Multiple income strategies available – short-term accommodation or traditional tenancy

• Comparable units have achieved around $680 per week in long-term rental income

• Directly opposite Waikato University, providing year-round accommodation demand

• Close to the Ruakura Superhub and the proposed Medical School precinct

• Low-maintenance brick and aluminium construction built by Assured Property

• Red Zoned location helping protect future supply and support long-term value

The combination of strong income potential, a tightly held university location and major surrounding infrastructure investment creates a compelling case for both investors and parents looking to secure accommodation for university-aged children.

With the vendor motivated and the price now reduced to $539,000, the numbers have become even more attractive.