Sold
3/7 Snead Place,
Hamilton East, Hamilton City
NZD 650,000
Property details
-
Agents
Ray White Hamilton City: Online Realty Limited Licensed (REAA 2008)
18 London Street, Hamilton Central Hamilton City 3204
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Chattels
- Stove
- Rangehood
- Light Fittings
- Floor Covers
- Blinds
$1,150 PW - 7 % GROSS YIELD !
$1,150 PW RENTAL APPRAISAL
$46,165 PY RENTAL INCOME
7% GROSS YIELD
VIEW BY APPOINTMENT
This investment property is situation in a prime location only a few minutes' walk from Waikato University and the new Medical School. The location is excellent and has a high occupancy rate. A rare opportunity for an astute investor. This is an ideal investment with four furnished studio rooms in a low maintenance Apartment. The exterior of the Apartment is constructed of brick and PVC weatherboards, double glazed aluminium joinery plus a coloursteel roof. The Apartment has a shared living area, kitchen and laundry.
The positives are:
-Rental appraisal of $1,150 PW
-All studios are fully tenanted & furnished
-An incredible rental income of $46,165 PY as of 31 August 2025
-Current rental income of $970 PW on periodic tenancies
-Built in approximately 2014 of low maintenance materials -Quality construction throughout
-Healthy Homes Compliant -A extensive list of chattels included in the sale
-Body Corp Levy & Building Insurance is $3,444.64 PA
-Each studio has its own ensuite plus kitchenette and comes complete with double bed, bar fridge & microwave
The first floor features a shared lounge, dining area and fully equipped kitchen including a fridge / freezer. There is a laundry equipped with washing machine and dryer.
This property is offered for sale complete with furniture and chattels.
You will need to make a time to look through it. Please call the listing salesperson Kevin Benge now on 0210666972 for further details to avoid disappointment.
PLEASE NOTE - Images have been virtually staged for marketing purposes
Land Area Disclaimer:
PLEASE NOTE: Specified floor and land area sizes have been obtained from sources such as Property Guru, Hamilton City Council (LIM), or Title documents. They have not been measured by the Salesperson or Online Realty Ltd. We recommend you seek your own independent legal advice if these sizes are material to your purchasing decision.
$46,165 PY RENTAL INCOME
7% GROSS YIELD
VIEW BY APPOINTMENT
This investment property is situation in a prime location only a few minutes' walk from Waikato University and the new Medical School. The location is excellent and has a high occupancy rate. A rare opportunity for an astute investor. This is an ideal investment with four furnished studio rooms in a low maintenance Apartment. The exterior of the Apartment is constructed of brick and PVC weatherboards, double glazed aluminium joinery plus a coloursteel roof. The Apartment has a shared living area, kitchen and laundry.
The positives are:
-Rental appraisal of $1,150 PW
-All studios are fully tenanted & furnished
-An incredible rental income of $46,165 PY as of 31 August 2025
-Current rental income of $970 PW on periodic tenancies
-Built in approximately 2014 of low maintenance materials -Quality construction throughout
-Healthy Homes Compliant -A extensive list of chattels included in the sale
-Body Corp Levy & Building Insurance is $3,444.64 PA
-Each studio has its own ensuite plus kitchenette and comes complete with double bed, bar fridge & microwave
The first floor features a shared lounge, dining area and fully equipped kitchen including a fridge / freezer. There is a laundry equipped with washing machine and dryer.
This property is offered for sale complete with furniture and chattels.
You will need to make a time to look through it. Please call the listing salesperson Kevin Benge now on 0210666972 for further details to avoid disappointment.
PLEASE NOTE - Images have been virtually staged for marketing purposes
Land Area Disclaimer:
PLEASE NOTE: Specified floor and land area sizes have been obtained from sources such as Property Guru, Hamilton City Council (LIM), or Title documents. They have not been measured by the Salesperson or Online Realty Ltd. We recommend you seek your own independent legal advice if these sizes are material to your purchasing decision.
Explore the area
School catchments
- Knighton Normal School Primary Years 1-6 State 0.67km
- St John's College (Hillcrest) Secondary Years 9-15 State integrated 0.83km
- Peachgrove Intermediate Intermediate Years 7-8 State 1.0km
- TKKM o Toku Mapihi Maurea Full primary Years 1-8 State 1.3km
- Hamilton Boys' High School Secondary Years 9-15 State 1.3km
- Tai Wananga Secondary Years 9-15 State 1.4km
- Marian Catholic School (Hamilton) Full primary Years 1-8 State integrated 1.4km
- Sacred Heart Girls' College (Ham) Secondary Years 9-15 State integrated 1.4km
- Hillcrest High School Secondary Years 9-15 State 1.6km
- Hamilton East School Primary Years 1-6 State 1.7km
- Southwell School Full primary Years 1-8 Private 1.8km
- Silverdale Normal School Primary Years 1-6 State 1.8km
- Hillcrest Normal School Primary Years 1-6 State 1.9km
- Te Wharekura o Kirikiriroa Composite Years 1-15 State 2.2km
- Berkley Normal Middle School Composite Years 7-10 State 2.3km
- Hamilton West School Full primary Years 1-8 State 2.7km
- Hamilton Girls' High School Secondary Years 9-15 State 2.9km
- Insoll Avenue School Primary Years 1-6 State 3.0km
- Hamilton Seventh-Day Adventist School Full primary Years 1-8 State integrated 3.4km
- Fairfield Primary School Primary Years 1-6 State 3.4km
- Fairfield Intermediate Intermediate Years 7-8 State 3.4km
- St Paul's Collegiate (Hamilton) Secondary Years 9-15 Private 3.9km
- Fairfield College Secondary Years 9-15 State 4.0km
- Mangakōtukutuku College Secondary Years 7-15 State 4.1km
- Waikato Diocesan School For Girls Secondary Years 9-15 State integrated 4.5km
- Fraser High School Secondary Years 9-15 State 5.7km
- St Andrews Middle School Composite Years 7-10 State 6.1km
- Ngā Taiātea Wharekura Secondary Years 9-15 State 7.2km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check enrolment zones and eligibility with the school. School data © Ministry of Education, licensed under CC BY 4.0.
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Contact Kevin Benge
Contact Kevin Benge
Kevin Benge
3/7 Snead Place, Hamilton East 3216
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Kevin Benge
3/7 Snead Place, Hamilton East 3216