Sold

4/40 Normandy Avenue,
Melville, Hamilton City

4 bedrooms
4 bathrooms
130m² building size
Townhouse

NZD 740,000


Property details

Chattels

  • Cooktop Oven
  • Rangehood
  • Dishwasher
  • Heated Towel Rail
  • Light Fittings
  • Blinds
  • Burglar Alarm

The Ultimate Opportunity

This ultimate 130m2 purpose-built investment property is a fantastic opportunity providing a lucrative and ongoing source of income supported by an attractive location with the Waikato Hospital only a short walk away.

Located at the rear furthest from the road within a small block of only 4 modern townhouses, this high-quality/low-upkeep construction consists of four individually rented rooms each incorporating ensuites and kitchenettes, and fully compliant with the Healthy Homes requirements.

The lower level accommodates one of the four studio bedrooms along with the open-plan communal kitchen, dining/lounge, and patio area great for entertaining, while the upper level accommodates the three remaining studio bedrooms.

The property comes fully furnished, while each room comes complete with a bed, smart TV, chrome cast, two-seater couch, microwave, mini-fridge, and a wall heater. A heat pump in the communal area provides for year-round comfort, and an offered carport complete this multi-income property.

Properties like this are in high demand for tenants so you will have low to little issues with vacancy rates while returning $240 / $265 PW for each room.

The property offers a seamless transition to new ownership in all aspects of maintenance, inspection and rent-collection.

Call Mark Keesom today on 027 533 7661 for further information or to arrange your private viewing!

Explore the area


School catchments

  • St Pius X Catholic School (Melville) Full primary Years 1-8 State integrated 0.38km
  • Melville Primary School Primary Years 1-6 State 0.43km
  • Glenview School (Hamilton) Primary Years 1-6 State 0.81km
  • Hamilton West School Full primary Years 1-8 State 1.3km
  • Deanwell School Primary Years 1-6 State 1.3km

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.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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