3/9 Greensboro Street Hamilton East, Hamilton City

FULLY TENANTED - AN INCREDIBLE RENTAL INCOME OF $53,040 PER YEAR!

$1,150 PER WEEK RENTAL APPRAISAL

$53,040 PER YEAR RENTAL INCOME

7 % GROSS YIELD

VIEW BY APPOINTMENT

This investment property is situated 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 composite weatherboards, double-glazed aluminium joinery, plus a coloursteel roof. The Apartment has a shared living area, kitchen and laundry.

The positives are:

• All studios are fully tenanted & furnished
• An incredible rental income of $53,040 PY as of 27th February 2026
• Built in approximately 2015 of low maintenance materials
• Quality construction throughout -Healthy Homes Compliant
• A extensive list of chattels included in the sale
• Body Corp Levy of $1,530.75 PY & Building Insurance $2,125.14 PY

Each studio has its own ensuite plus kitchenette and comes complete with double bed, couch, TV, bar fridge, microwave, wall mounted heater, etc. The first floor features a shared lounge, dining area and kitchen complete with a fridge, cooktop and underbench oven. There is a laundry equipped with a washing machine and dryer.

This property is offered for sale complete with furniture and chattels. You will need to make time to look through it. Please call the listing salesperson, Kevin Benge, now on 0210666972 for further details to avoid disappointment.

PLEASE NOTE: Specified floor and land area sizes have been obtained from sources such as Property Guru, Waikato 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.

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.