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4/16 May Street, Hamilton East, Hamilton City

High Yield, High Motivation

dollar

$749,000

House
House
Bedroom
6
Bathroom
3
Floor area
172m2
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Monday
11:30am - 12:00pm
27
Apr

Property details

Listing # L40398835 | Listed on 23 April

High-Yield Investment with Exceptional Upside - 6 Bedrooms in Prime Hamilton East. Positioned in one of Hamilton's most sought-after rental pockets, 4/16 May Street presents a rare opportunity to secure a high-performing investment with immediate income and significant future upside.

This modern, low-maintenance property offers an impressive 6 bedroom, 3 bathroom configuration, thoughtfully designed for maximum occupancy and strong rental returns. The ground floor features an open plan kitchen and living area along with a bathroom & laundry cupboard, while the second and third levels are identical, each comprising three bedrooms and one bathroom.

Currently returning $950 per week ($49,400 per annum), the property delivers a solid 6.59% yield. Backed by a recent rental appraisal of $1,000 per week, investors can realise an improved 7% return.

The current rental strategy has been deliberately conservative to ensure consistent occupancy. With demand remaining strong, there is clear headroom to increase rents and maximise yield.

Investment Highlights:

Strong Cash Flow from Day One - Fixed-term tenancy in place until January 2027 with reliable student tenants.
Prime Location - Just a short walk to the University, ensuring ongoing rental demand.
Rare Configuration - 6 bedrooms and 3 bathrooms in Hamilton East is a standout offering.
Modern Construction - Built in 2017 with durable PVC cladding for low maintenance ownership.
Future Growth Drivers - Close proximity to the Ruakura Inland Port and proposed medical school supporting long-term demand.

The Opportunity:

With a motivated vendor and pricing that represents clear value in today's market, this is a compelling investment combining strong returns, location, and future growth potential. Opportunities like this are increasingly hard to find in Hamilton East. Contact Bill Burnett today to book your private viewing.

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Additional features

Other park
1 other park
Other Features: Heat Pump Remote,Bathroom Extractor Fan x3

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