Back to Hamilton, New Zealand

3/30 Beatty Street, Melville, Hamilton City, Waikato

Hamilton, New Zealand

Guide Price

$471,410

799,000 NZD

PROPERTY TYPE

Condo

BEDROOMS

4

BATHROOMS

4

3/30 Beatty Street, Melville, Hamilton City, Waikato - Photo 2
3/30 Beatty Street, Melville, Hamilton City, Waikato - Photo 3
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Description

Passive freehold managed investment If you're seeking a strong-performing, low-maintenance investment, this opportunity is one not to be missed. Available now at 3/30 Beatty Street, Hamilton, is a modern four-bedroom, four-bathroom townhouse, ideally positioned within walking distance to Waikato Hospital and Hamilton Lake, with easy access to the CBD and key amenities. Each of the four studio-style bedrooms comes fully equipped with its own ensuite bathroom and kitchenette, featuring a TV, microwave, mini-fridge, and quality bed and base, ensuring a high level of comfort and independence for tenants. A spacious communal living area forms the heart of the home, complete with a well-appointed kitchen, laundry facilities, and a sunlit, large backyard—perfect for outdoor relaxation. Power and wifi included in the weekly rent, providing added appeal and convenience for tenants. Built by Assured Property, a developer renowned for their durable, low-maintenance investment builds, this townhouse has been constructed with brick and Linea weatherboard cladding, double glazing, and is fully compliant with Healthy Homes standards. The freehold 222sqm (more or less) site includes two car parks, adding to its long-term desirability. Currently generating strong rental returns with professional management in place, the property is ideally suited to hospital staff, international students, and professionals seeking independent yet connected living. Current combined rental income is $1140 per week – generating a 7.4% return. With its premium location, robust construction, and consistent income, 3/30 Beatty Street represents a smart, hassle-free investment in an area primed for continued capital growth. Contact us today to secure this outstanding freehold investment.

Location

Open in Google Maps

Living 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
See all New Zealand listings

New Zealand at a glance

How New Zealand scores for American expats

💰Cost of Living
Expensive
🛡️Safety
Very safe
🗣️English Spoken
Widely
🏥Healthcare
Excellent
🌬️Air Quality
Clean
📶Internet
Moderate
🚶Walkability
Moderate
🚇Transit
Limited

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

Michael Parker - 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.

1

Understand the buying rules

Foreign ownership laws vary wildly by country. Some welcome you, others restrict or ban foreign buyers entirely.

2

Sort out your visa

Owning property doesn't give you the right to live there. Research residency options before you buy.

3

Plan your finances

Understand currency risk, international wire transfers, and whether you can get a local mortgage.

4

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.

5

Set up healthcare

Medicare doesn't cover you overseas. You'll need international health insurance or a local plan.

6

Run the full checklist

Banking, mail forwarding, power of attorney, pet import rules — the complete pre-move checklist.

Source

realestate.co.nz

Portal listings

Currency

NZD