Back to Hamilton, New Zealand

1/48 Fifth Avenue, Enderley, Hamilton City, Waikato

Hamilton, New Zealand

Guide Price

$277,820

479,000 NZD

PROPERTY TYPE

Condo

BEDROOMS

2

BATHROOMS

1

1/48 Fifth Avenue, Enderley, Hamilton City, Waikato - Photo 2
1/48 Fifth Avenue, Enderley, Hamilton City, Waikato - Photo 3
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Description

Photos have been virtually staged. Potential rental income of $560 per week, offering an approximate 5% rental yield for investors. 1/48 Fifth Avenue is a two-bedroom unit that delivers easy, low-maintenance living. Whether you’re a first-home buyer, downsizer, or investor looking to secure a smart opportunity in Hamilton, this property offers comfort, practicality, and convenience. Inside, the home

features a functional and cohesive layout. The kitchen provides ample bench space and storage, flowing seamlessly into the open-plan living and dining area. Sliding doors lead out to a private courtyard, creating a relaxed space ideal for everyday living, entertaining friends, or simply unwinding at the end of the day. Both bedrooms are generously sized and well positioned within the home, offering flexibility for guests, a flat mate, or family. A separate office or study located just off the kitchen adds extra versatility, perfect for those working from home. The bathroom is modern and well presented, featuring a standalone shower and contemporary fittings, while the neutral décor throughout provides a welcoming space that is easy to make your own. Outside, the private courtyard offers a peaceful extension of the living area. It’s the perfect spot for a small outdoor setting, pot plants, or enjoying a morning coffee in the sun, all with minimal maintenance. Internal access garaging adds security and convenience, with additional storage space and one off-street park completing the package. Situated in Enderley, the

location provides easy access to local shops, public transport, and everyday amenities, while being just a short drive to Hamilton’s CBD and major transport routes. Whether you’re stepping onto the property ladder, simplifying your lifestyle, or expanding your investment portfolio, this is a smart and practical opportunity worth exploring. Get in touch with Team Michelle to arrange your viewing. Michelle – 021 826 614 Savanna – 021 040 9642

Location

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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

Michelle Goncalves - Arizto Ltd (Licensed: REAA 2008)

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