Listing #LC22393 63 Views
Four Studios, One Smart Investment
4 Bed
4 Bath
1 Living
119 m² Floor
1/20 Dowding Street, Melville
$749,000
Welcome to 1/20 Dowding Street; a purpose-built investment offering four fully self-contained studio units in a location where convenience and rental demand go hand in hand.
Designed with easy living in mind, each furnished studio has its own private bathroom and kitchenette, giving occupants the independence of their own space while keeping the property practical and low maintenance.
Adding to the appeal is a shared common area with a full kitchen, laundry facilities and comfortable seating, providing extra space and functionality for those living here.
Location is a real strength. Waikato Hospital and Hamilton Lake are both within easy walking distance, while the CBD is only minutes away. It's a position that appeals to a broad tenant market, particularly hospital and healthcare workers, professionals and students looking for convenience close to the city.
Currently fully occupied and returning a combined $1,130 per week, the property provides an established income stream from day one.
With four individual studios, a proven rental setup and a location that continues to attract tenants, 1/20 Dowding Street is a ready-made investment well worth considering.
Contact Paula Wenham & Aude Vano today for further information or to arrange your viewing.
Property Features
Living Rooms
1
Hot Water
Electric
Heating
Heat Pump
Insulation
Ceiling, Floor, Walls
Roof
Iron
Map
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