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Back 4/16 May Street
Off Market

4/16 May Street

Hamilton East Waikato

6
3
1
172 m²
House
Last sold for $719,000
Bill BurnettBill Burnett, last sold this property on 08 June 2026 after 1699 days on market.

Overview

7%+ Yield, High Motivation

High-Yield Investment with Exceptional Upside - 6 Bedrooms in Prime Hamilton East. Positioned in one of Hamilton's most sought-after rental pockets, 4/16 May Street presents a rare opportunity to secure a high-performing investment with immediate income and significant future upside. This modern, low-maintenance property offers an impressive 6 bedroom, 3 bathroom configuration, thoughtfully designed for maximum occupancy and strong rental returns. The ground floor features an open plan kitchen and living area along with a bathroom & laundry cupboard, while the second and third levels are identical, each comprising three bedrooms and one bathroom. Currently returning $950 per week ($49,400 per annum), the property delivers a solid 6.87% yield. Backed by a recent rental appraisal of $1,000 per week, investors can realise an improved 7.23% return. The current rental strategy has been deliberately conservative to ensure consistent occupancy. With demand remaining strong, there is clear headroom to increase rents and maximise yield. Investment Highlights: Strong Cash Flow from Day One - Fixed-term tenancy in place until January 2027 with reliable student tenants. Prime Location - Just a short walk to the University, ensuring ongoing rental demand. Rare Configuration - 6 bedrooms and 3 bathrooms in Hamilton East is a standout offering. Modern Construction - Built in 2017 with durable PVC cladding for low maintenance ownership. Future Growth Drivers - Close proximity to the Ruakura Inland Port and proposed medical school supporting long-term demand. The Opportunity: With a motivated vendor and pricing that represents clear value in today's market, this is a compelling investment combining strong returns, location, and future growth potential. Opportunities like this are increasingly hard to find in Hamilton East. Contact Bill Burnett today to book your private viewing.

Features

6 bedrooms
3 bathrooms
1 carspace
1 open car space
172 m² floor area
House

Estimated Value

Based on this property and similar 6 bedroom houses sold in Hamilton East over the last 12 months, the estimated median property value of 4/16 May Street is $987.5k.

Median value
$987.5k
Estimated value range
$719k - $1.2m
Median days on market
38
Estimated value trend
0%
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 4/16 May Street

2026
Sold
$719,000
08 Jun 2026 by Bill Burnett, of Lodge Real Estate Hamilton East (Lodge Real Estate Ltd)

Happy sellers in Hamilton East

70%
70% 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 94 reviews in Hamilton East over the last 12 months.

Local market activity for 6 bedroom houses in Hamilton East

In the last 12 months, 4 six-bedroom houses similar to 4/16 May Street, have been sold.

This represents a 400% decrease in six-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Hamilton East

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Jana Stove

Jana Stove is an award winning recommended agent for Hamilton East.  They have 7 local sales and collected 7 local reviews across the last 12 months.

  •   5   (134 reviews)
  •  7 Reviews in Hamilton East
  •  7 Sales in Hamilton East
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Blair Pointon

Sellers who recommend Blair Pointon have praised them for being clear communication, local expert, supportive, reliable, friendly, honest and well-prepared

  •   5   (285 reviews)
  •  6 Reviews in Hamilton East
  •  2 Sales in Hamilton East
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Stephanie Bormans

Sellers who recommend Stephanie Bormans have praised them for being clear communication, local expert, supportive, responsive, friendly, empathetic and reliable

  •   5   (53 reviews)
  •  7 Reviews in Hamilton East
  •  5 Sales in Hamilton East
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Lisa Sigley

Lisa Sigley is a recommended agent for Hamilton East.  They have 4 local sales and collected 4 local reviews across the last 12 months.

  •   4.9   (52 reviews)
  •  4 Reviews in Hamilton East
  •  4 Sales in Hamilton East
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