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5A Inverness Avenue, Hamilton East, Hamilton, New Zealand

Residential for sale in Hamilton, 5A Inverness Avenue, Hamilton East, 400 m²

5A Inverness Avenue, Hamilton East, Hamilton, New Zealand

By Negotiation

12Bed
12Bath
400
Type: Residential

Description

12 FURNISHED STUDIO UNITS NEAR WAIKATO UNIVERSITY This is your chance to secure a high-performing, low-maintenance investment in one of Hamilton's most sought-after rental locations. Just a stone's throw from Waikato University, this block of 12 fully furnished studio units is a proven cash cow, returning an impressive $238,000 gross per annum. Each studio is self-contained and well-presented, providing an attractive option for students, academics, and professionals alike. With occupancy consistently near 100%, these units are in high demand year-round, offering stable, reliable income with minimal vacancy risk. Property Features: 12 furnished studio units 2 communal kitchens for tenant convenience Coin-operated laundry for additional passive income Well-maintained with easy-care grounds Ample parking and bike storage Walking distance to Waikato University, shops, and public transport Zoned for steady student and solo person tenant base This is a turn-key investment offering immediate returns and minimal hassle. Properties of this caliber and return profile are rarely available and tightly held. Whether you're a seasoned investor or looking to grow your portfolio, this is one not to miss.

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