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High Positive Cashflow Duplex House within 3.1km of Hamilton CBD

Priced at just $739,000 (4 bed, 4 bath) with appraised rental of $250-$275 p/w per room for a 7.0%+ expected gross return

Martyn Harries, Sales Agent for Normandy Ave, Hamilton

Martyn Harries

Licensee Agent and Property Investment Specialist

027 441 7696 | 0508 735 546

Complete Your Details to Register Your Interest & Receive a Detailed Information Brief

This is not a contract for the sale and purchase of a property.

Completing this form does not commit you to purchase: this is an expression of interest form that allows the team at Real Estate Investar to contact you about this investment opportunity, answer any questions you may have and if you wish help you to select the property that best meets your investment preference.

Real Estate Investar Ltd Licensed Real Estate Agency (REAA 2008)  

This is a fantastic opportunity to invest in a new multi-income, positive cashflow duplex house in a great location

4 Beds, 4 Bath, 2 Car or 5 Bed, 5 Bath, 4 Car.

Expected rent of $250 - %275 per room p/w & $15 - $20 p/w for each car park.

Easy access to travel to CBD.

Within 15 mins to Schools, Shopping Centre, Hamilton Lake, Waikato & Braemar Hospitals & Hamilton Airport.

Property Overview

The property is a fantastic opportunity to invest in a new multi-income, positive cash flow duplex houses, located just a short walk to Braemar & Waikato Hospitals. 

  • Full furnished - including all appliances
  • Freehold titles
  • Security system (incl. CCTV & alarm)
  • Digital access control (for all front doors)
  • Only 3 in the complex
  • 2-4 car parks per house
  • Four-zone ceramic hob with stainless steel rangehood & glass splashback
  • Walk in wardrobe
  • Carpet with vinyl floor coverings
  • Built by a trusted developer with a 14 year track record

Location Overview

Hamilton is New Zealand’s fourth largest city with predictions that the city will grow to 175,000 by 2022. It is the third fastest growing city after Auckland and Pukekohe. According to Statistics NZ, the Census night population count of Hamilton City residents in 2013 was 143,718 - an increase of 25,617 people from the 2001 Census. 

The city is located in the heart of the Waikato, one of New Zealand’s richest regions, responsible for 20% of the country’s total exports. Agriculture, biotechnology, light aviation, transport, logistics, science research, education & healthcare lead the Hamilton economy, providing diverse employment opportunities.

New Zealand's longest river flows through the city & there are 135 parks, 58 sports areas providing over 1,000 hectares of open space for residents to enjoy. Hamilton also attracts over 40,000 tertiary students who choose the city's learning institutions every year.

  • 3.1 km to Hamilton CBD
  • 2 minutes to Melville Intermediate & Primary
  • 2 minutes to Braemar Hospital
  • 4 minutes to Waikato Hospital
  • 5 minutes to Hamilton Lake
  • 5 minutes to Te Wananga o Aotearoa
  • 12 minutes to Hamilton Airport
Why we selected this opportunity
Positive Cashflow Rent room by room with positive cashflow before tax
Rental appraisal $250 - $275 p/w for an expected gross return from 7.53%
Prime location Close to shops, schools, transport, CBD, Hamilton Lake & Airport
High rental demand Due to central location, strong demand from tenants & should enjoy capital gains over time
Strong historical capital growth Hamilton South West region increased 5.9% in last 12 months according to QV

Real Estate Investar approved investment

Each opportunity we select goes through a robust due diligence process to ensure it is “investment-grade” stock. 

We use our unique suite of property research tools to carry out a 7-point check in the following categories:

Linc Apartments, Essendon.  Real Estate Investar approved stock.

  1. Location / Suburb / Infrastructure
  2. Yields / Cash Flow
  3. Equity / Value
  4. Development Overview
  5. Contract Terms
  6. Capital Growth
  7. Supply and Demand Metrics

If you are interested in learning more about the Normandy Ave Duplex House, Hamilton please call our agent or submit your details to receive our detailed investment brief.

Limited stock available

Complete your details to register your interest and a Property Investment Specialist will contact you to answer any questions you may have.

Killarney Road, Hamilton