2/18 Lorne Street, Melville —

Currently tenanted on a periodic tenancy at $525 per week, with a rental appraisal of $550-$580 per week, this is a smart, ready-made investment with room to grow.
Discover this furnished two-bedroom unit, an easy addition to any portfolio or a solid first step onto the property ladder. Positioned directly across from Waikato Hospital and just minutes to the CBD, the location is consistently in demand from hospital staff and professionals seeking convenience and a short commute.
Inside, the open-plan living, dining and kitchen area is well laid out, creating a comfortable, move-in-ready space. Two couches provide relaxed living, while a dining table makes everyday living or entertaining simple. The kitchen is equipped with a fridge/freezer and microwave, adding to the turnkey appeal.
Both bedrooms are set up for comfort, with the main offering a double bed and bedside tables, and the second featuring a single bed and bedside. A bathroom with shower, vanity and toilet completes the layout.
A covered carport delivers the added benefit of exclusive off-street parking, enhancing the practicality of this low-maintenance property.
For investors, the appeal is clear, existing income from day one and scope to increase returns in a proven high-demand location. Affordable, well-located, and income-generating, this is a straightforward investment opportunity in a prime hospital-side position.
Viewings are by appointment , contact Gemma to arrange your time.