High Yield Dual-Income Opportunity

87 Mahoe Street, Melville, Hamilton 3206

For Sale

Asking Price $800,000 inclusive of GST (if any)

Make Offer Book Viewing Contact Seller Add to Favs

Listing Reference #5212 . Listed: 11 Apr 2026

Property Specs

  • Bedrooms5
  • Bathrooms2
  • Living Rooms2
  • Dining Rooms2
  • Off-street car parks4
  • Floor Area160 m2
  • Land Area913 m2
  • MaterialWeatherboard
  • Levels1
  • TypeHouse
  • TitleFreehold
  • Year Built1965
  • Rateable Value$790,000

Phone Number

You need to be logged in to contact the property owner.

If you already have an account please login here. Otherwise click here to register.

Seller's Description

High Yield Dual-Income Opportunity – Two Homes on One Title, with Value Ad-potential.
Located in Mahoe St Meville Hamilton

Looking for a smart investment or flexible living option? This fantastic property offers two dwellings on one title, delivering both lifestyle and income potential in a sought-after location close to the hospital.

Main Dwelling 3 bedroom approx 100 sq metres
• Spacious layout with a separate laundry
• Comfort year-round with a heat pump
• Double carport for ample parking
• Fenced section – ideal for privacy and security
• Compliant with Healthy Homes standards
Heat pump for comfort
New roof about 5 years ago

Second Dwelling 2 bedroom 60m²
• Well-designed, compact living
• Heat pump for comfort
• Single carport
• Easy-care section – low maintenance living

These properties are currently tenanted returning $1060 per week
The tenants have been given notice

Whether you’re an investor seeking strong returns, or looking for a home with added income or extended family options, this property ticks all the boxes.

Both properties would benefit from some cosmetic improvement

Opportunities like this don’t come along often – act quickly!

Parking/Garaging Info

Double carport Main house. Single carport 2nd house

Special Features

Deck.

Locality / Area

Close to Hospital, Schools and bus stop.

Other Details

Services
  • Water supplyCouncil
  • Septic systemCouncil
Property Condition
  • InteriorNeeds work
  • ExteriorWell presented
LINZ Info
  • Title number: SA4A/615
  • Legal description: Fee Simple, 1/1, Lot 5 Deposited Plan South Auckland 5715, 913 m2
Chattels

Included in the sale: Fixed Floor coverings. Window coverings. Light fittings. Stove. Hob/Cooktop. Oven. Garden shed. Heat pump. Range hood. TV aerial. Light shades. Clothesline. Blinds. Curtains.

Tenancy Info

The property is currently tenanted but will not be tenanted post sale.

Downloads for 87 Mahoe Street, Melville

There are no documents available to download for this property. You can try to contact the seller to ask if they have the information you need.

Contact Seller



You might also like

Search Again

Enter a town, city, region or postcode into the search box and we'll show properties in and around that area.