Back 249 Dey St
Off Market

249 Dey St

Hamilton East Waikato

5
2
House
Last sold for $669,000
Ray MitchellRay Mitchell, last sold this property on 22 May 2025 after 79 days on market.

Overview

A versatile property presenting a lucrative investment opportunity with dual-income potential. Situated in the heart of sought-after Hamilton East, just moments from Waikato University and offering two separate residences on title, it's an ideal choice for savvy investors or homeowners seeking additional rental income. The main home features four spacious bedrooms, two studies, and a well-appointed kitchen, blending functionality with comfort. Reliable long-term tenants currently in place are eager to stay, ensuring seamless rental continuity. Adding to the appeal is a fully consented one-bedroom studio-a cleverly converted garage - providing a private retreat for an additional tenant. With both dwellings currently returning a combined $830 per week, this property offers a solid 6.17% gross yield return in a high-demand rental location. Beyond its investment appeal, this property enjoys a spacious section with ample off-street parking, providing convenience for both dwellings. Zoned for top-tier schooling

Features

5 bedrooms
2 bathrooms
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Hamilton East over the last 12 months, the estimated median property value of 249 Dey St is $968k.

Median value
$968k
Estimated value range
$570k - $1.34m
Median days on market
26
Estimated value trend
-22%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Hamilton East. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 249 Dey St

2025
Sold
$669,000
22 May 2025 by Ray Mitchell, of Harcourts Hamilton Rototuna
2018
Sold
$590,000
28 Aug 2018 by Dee Robbins, of Ray White Hamilton (Online Realty Ltd)

Happy sellers in Hamilton East

69%
69% of sellers in Hamilton East reported that their sale price either exceeded or met their price expectations.

Hamilton East stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 91 reviews in Hamilton East over the last 12 months.

Local market activity for 5 bedroom houses in Hamilton East

In the last 12 months, 12 five-bedroom houses similar to 249 Dey St, have been sold.

This represents a 120% decrease in five-bedroom houses sales when compared to the previous 12 months.

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