Property for Sale

198 & 198A Mahoe Street, Melville, NZ 3206

  • 650
  • 6
  • 3
  • 2
  • 1
  • 4

$949,000

Exceptional "Dual-Homes" do your sums..

Welcome to 198 and 198a Mahoe Street - come inside these two homes. Set so close to Waikato Hospital.
Discover a unique investment opportunity - Any astute investor will know this is excellent buying.

Tenants are now paying $750/week for the front house (12 month fixed term until June 2026), and $650/week for the back house (TBC) - making it the ultimate return of $72,800 (52 weeks). You do the sums...

On a single title with their own power, yards, entrances, shedding.

A total of 7 bedrooms, 3 bathrooms, 2 lounges, large garage and huge potential still left for someone wanting to still create more here.

This dual-home represents a rare find in this prime location. Whether you're an astute investor seeking strong returns, or a homeowner desiring versatile living arrangements, healthcare workers - these offerings warrant serious consideration.
Main home has 4 bedrooms, 2 heatpumps, internal access garage, 2 bathrooms, brand new carpet, HRV, a big deck, and enjoys some double glazing.

Second dwelling has 2 bedrooms, heatpump, fantastic storage, its own yard, access to the big park and is around 160m2 footprint.

The property is currently being rented out as 5 bedrooms front house, and 4 bedrooms back house.

Convenient amenities include local shops, bus stops, all grades of schooling, Waikato Hospital/Braemar Hospital, Gallagher Aquatic Centre and immediate access to quick exit North or South.
Our owners have tidied up and added the new carpet. They have ordered you a new LIM report, which you will find on our property files:

Copy and paste the link to download the files: https://www.propertyfiles.co.nz/property/mahoe198and198a

The files include LIM report, rent return, rental appraisals and Healthy Home Certificates.

Call Lisa Sigley at Harcourts to view today 021722281. www.lisasigley.com Added 09 April, 2025 Property ID: #L33896408

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Property features

  • Chattels: Blinds, Cooktop, Curtains, Drapes, Fixed Floor Coverings, Light Fittings, Rangehood, Stove, Wall Oven
  • Other Rooms: Double Bedrooms, Living Rooms
  • Hot Water: Electric
  • Heating: Air-conditioning
  • Insulation: Ceiling, Walls
  • Stove: Electric
  • Exterior: Weatherboard Composite
  • Exterior Condition: Good
  • General: Decking/Patio
  • Roof: Coloured Steel, Iron
  • Flooring: Carpet
  • Garaging: Off St Parking, Single
  • Fencing: Fully Fenced
  • Aspect: Northerly, Southerly
  • Views: City
  • Sewage System: Mains
  • Water: Town
  • Frontage: Street
  • Levels: Above Ground
  • Amenities: Close to Schools, Close to Shops, Close to Transport, Gas in Street
  • Other: Dishwasher x2, Garden Shed x2, Heat Pump x3, Stove in back house (not working), Water filter in front house is disconnected
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License Details: Licensed under REAA 2008

Office

Harcourts Hamilton Central City

Licensed under REAA 2008

Repayment Calculator

Est. bond $1920
  • 650
  • 6
  • 3
  • 2
  • 1
  • 4

Property for Sale

198 & 198A Mahoe Street, Melville, NZ 3206

$949,000

Exceptional "Dual-Homes" do your sums..

Welcome to 198 and 198a Mahoe Street - come inside these two homes. Set so close to Waikato Hospital.
Discover a unique investment opportunity - Any astute investor will know this is excellent buying.

Tenants are now paying $750/week for the front house (12 month fixed term until June 2026), and $650/week for the back house (TBC) - making it the ultimate return of $72,800 (52 weeks). You do the sums...

On a single title with their own power, yards, entrances, shedding.

A total of 7 bedrooms, 3 bathrooms, 2 lounges, large garage and huge potential still left for someone wanting to still create more here.

This dual-home represents a rare find in this prime location. Whether you're an astute investor seeking strong returns, or a homeowner desiring versatile living arrangements, healthcare workers - these offerings warrant serious consideration.
Main home has 4 bedrooms, 2 heatpumps, internal access garage, 2 bathrooms, brand new carpet, HRV, a big deck, and enjoys some double glazing.

Second dwelling has 2 bedrooms, heatpump, fantastic storage, its own yard, access to the big park and is around 160m2 footprint.

The property is currently being rented out as 5 bedrooms front house, and 4 bedrooms back house.

Convenient amenities include local shops, bus stops, all grades of schooling, Waikato Hospital/Braemar Hospital, Gallagher Aquatic Centre and immediate access to quick exit North or South.
Our owners have tidied up and added the new carpet. They have ordered you a new LIM report, which you will find on our property files:

Copy and paste the link to download the files: https://www.propertyfiles.co.nz/property/mahoe198and198a

The files include LIM report, rent return, rental appraisals and Healthy Home Certificates.

Call Lisa Sigley at Harcourts to view today 021722281. www.lisasigley.com Added 09 April, 2025 Property ID: #L33896408

Property Features

  • Chattels: Blinds, Cooktop, Curtains, Drapes, Fixed Floor Coverings, Light Fittings, Rangehood, Stove, Wall Oven
  • Other Rooms: Double Bedrooms, Living Rooms
  • Hot Water: Electric
  • Heating: Air-conditioning
  • Insulation: Ceiling, Walls
  • Stove: Electric
  • Exterior: Weatherboard Composite
  • Exterior Condition: Good
  • General: Decking/Patio
  • Roof: Coloured Steel, Iron
  • Flooring: Carpet
  • Garaging: Off St Parking, Single
  • Fencing: Fully Fenced
  • Aspect: Northerly, Southerly
  • Views: City
  • Sewage System: Mains
  • Water: Town
  • Frontage: Street
  • Levels: Above Ground
  • Amenities: Close to Schools, Close to Shops, Close to Transport, Gas in Street
  • Other: Dishwasher x2, Garden Shed x2, Heat Pump x3, Stove in back house (not working), Water filter in front house is disconnected
Show More

Lisa Sigley Harcourts Hamilton Central City

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License Details: Licensed under REAA 2008

Harcourts Hamilton Central City

Office Harcourts Hamilton Central City Licensed under REAA 2008

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Need to sell before you Buy?

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