Units 1-4/52 Gibson Road, Dinsdale, Hamilton City, Waikato
Hamilton, New Zealand
Guide Price
$1,770,000
3,000,000 NZD
PROPERTY TYPE
townhouse
BEDROOMS
12
BATHROOMS
9
Description
Developer says - Make a OFFER Total rent per annum = $152,464.00 with a 2% rent increase per year until July 2028 An exceptional opportunity for discerning investors to acquire a block of Four fully tenanted units, all leased to a national service provider - (Not Kainga Ora) The current lease extends through to 26th July 2028, offering a stable, long-term rental income stream. Each unit is thoughtfully designed for low-maintenance living, featuring: •Modern Bosch appliances •Abundant natural light throughout •Double internal-access garages •Quality fittings for long-term durability •These units provide both immediate returns and long-term capital growth potential Key Investment
Highlights: •Secure lease in place until July 2028 •Established national tenant •Four units sold together •Consistent rental income stream •Ideal hands-off, long-term investment Perfect for investors seeking reliable cash flow and peace of mind with an established national tenant. Rental Income Unit 1 - Three Bedrooms & Three Bathrooms $748.00 per week = $38,896.00 per year Units 2, 3, 4 - Three Bedrooms & Two Bathrooms $728.00 per each Unit = $2,184.00 per week = $113,568.00 per year
Location
Open in Google MapsLiving in Hamilton
Morning surf before work, weekends tramping through Lord-of-the-Rings landscapes, and a laid-back culture where shoes are optional and nature is never more than ten minutes away.
Visa
Skilled Migrant Category Resident Visa — points-based system requiring a skilled job offer in NZ. New pathways opening August 2026 for trades workers and those with 5+ years experience. Accredited Employer Work Visa is the faster route if you already have a job offer.
Learn more: The Complete Guide to Moving to New Zealand→Key Fact
NZ has strict biosecurity laws — importing food, plants, or outdoor gear can result in heavy fines. The work-life balance is exceptional, but the job market is small and remote from everywhere.
Learn more: What You Need to Know Before Moving Abroad→New Zealand at a glance
How New Zealand scores for American expats
Cost of buying in New Zealand
Estimated fees and ongoing costs for this property
Closing Costs
3-5% of purchase price
- ·No stamp duty
- ·Legal/conveyancing: NZ$1,500-3,000
- ·Building inspection: NZ$500-800
- ·LIM report: NZ$300-400
Annual Costs
Property Tax
0.3-1.5% of government valuation (varies by council)
Insurance
NZ$1,500-3,000/yr
HOA / Condo Fees
NZ$300-600/mo for apartments (body corporate)
Good to Know
Agent Fees
Seller pays (2.5-4%)
Foreign Buyer Note
Foreign buyers BANNED from existing homes (2018 ban). Can only buy new-build apartments in large developments.
Legal help in New Zealand
Hire your own attorney — not the seller's. We'll match you with a vetted local lawyer.
Need a local attorney in New Zealand?
We'll connect you with an independent, English-speaking real estate attorney experienced with foreign buyers. Not the seller's lawyer — yours.
Contact Agent
Tracey O'Brien - Success Realty Ltd (Licensed: REAA 2008) - Bayleys, Hamilton
Next steps for moving to New Zealand
Interested in this property? Here's how to move forward.
Understand the buying rules
Foreign ownership laws vary wildly by country. Some welcome you, others restrict or ban foreign buyers entirely.
Sort out your visa
Owning property doesn't give you the right to live there. Research residency options before you buy.
Plan your finances
Understand currency risk, international wire transfers, and whether you can get a local mortgage.
Know your tax obligations
US citizens are taxed on worldwide income. You'll need to file US taxes from abroad and may owe local taxes too.
Set up healthcare
Medicare doesn't cover you overseas. You'll need international health insurance or a local plan.
Run the full checklist
Banking, mail forwarding, power of attorney, pet import rules — the complete pre-move checklist.
realestate.co.nz
NZD


