Listing #LH14771 46 Views
High Yield, High Motivation
6 Bed
3 Bath
1 Living
172 m² Floor
4/16 May Street, Hamilton East
$749,000
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.
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.
Property Features
Double Bedrooms
6
Living Rooms
1
Heating
Heat Pump
Insulation
Ceiling, Walls
Dining
Open Plan Dining
Lounge
Lounge/Dining Combined
Stove
Electric
Garaging
Off St Parking, Single
Fencing
Fully Fenced
Map
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