Over 5% Gross Rental Yield | Investor Opportunity | Close to Waikato Hospital

A smart investment opportunity in a highly convenient location with an attractive rental return and Waikato Hospital just moments away. This one must be seen!

Positioned at the front of the block with easy street access, 1/19 Dowding Street, Melville is a well-maintained townhouse offering comfortable, low-maintenance living in a location that is particularly appealing to professionals, investors, first-home buyers and downsizers.

The home features two generous double bedrooms, each complete with its own ensuite, providing excellent privacy and convenience. A separate powder room adds further practicality for guests and everyday living.

The open-plan lounge and dining area creates a warm and welcoming space for relaxing or entertaining, while the heat pump and insulation provide year round comfort.

Step outside to enjoy the decking and patio area, offering a pleasant spot for your morning coffee, entertaining guests or simply relaxing outdoors. A single garage provides secure off-street parking and additional convenience.

For investors, the property offers potential rental income of approximately $580 per week, equating to an estimated gross rental yield of over 5% at the asking price of $589,000, before expenses.
Conveniently located close to Waikato Hospital, schools, shops, public transport and Hamilton CBD, this property combines location, functionality and rental appeal in one package.

Well maintained, conveniently positioned and offering an attractive rental return this is an opportunity investors and buyers looking for a low-maintenance property should not overlook.
Come and see it for yourself - this one must be viewed!



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