Back 94 Forest Lake Road
Off Market

94 Forest Lake Road

Forest Lake Waikato

5
2
170 m²
670 m²
House
Matt ScobleMatt Scoble, last sold this property on 16 December 2025 after 56 days on market.

Overview

High-Performing Multi-Income Investment

With approx. 6.7% gross annual returns, 94 Forest Lake Road offers exceptional value for investors seeking strong, reliable income in a proven Hamilton location. This property features two self-contained two-bedroom dwellings plus an additional sleepout, providing multiple income streams and long-term flexibility. Each dwelling is low-maintenance, well-presented, and includes its own single garage. The additional sleepout also has its own garage, creating further versatility for accommodation, work-from-home use, or rental uplift. The combined income profile positions the property as a smart, cash-positive option from day one. Set on a generous freehold section, the site also holds future development or subdivision potential (subject to council approval). Whether your focus is yield, landbanking, or long-term redevelopment, this address supports a range of strategic pathways-while the existing dwellings ensure income security throughout. Located moments from Minogue Park, Waterworld, Te Rapa, The Base, and Hamilton CBD, Forest Lake continues to attract strong tenant demand thanks to its convenience, centrality, and access to employment hubs. Key Highlights • Approx. 6.7% gross annual returns • Two self-contained two-bedroom homes • One dwelling includes an additional sleepout room • Each dwelling includes a single garage, plus one for the sleepout • Multiple income streams with strong rental appeal • Freehold section with development potential (subject to council approval) • Central, high-demand location close to major amenities and transport links Opportunities offering this balance of income, flexibility, and upside are rarely available in such a sought-after Hamilton position. Whether you’re an investor, developer, or a buyer seeking a multi-dwelling solution, 94 Forest Lake Road stands out as a high-performing and future-proof option.

Features

5 bedrooms
2 bathrooms
170 m² floor area
670 m² lot size
House

Estimated Value

We need at least 3 similar 5 bedroom houses sold in Forest Lake over the last 12 months.

Property history for 94 Forest Lake Road

2025
Sold
Undisclosed
16 Dec 2025 by Matt Scoble, of Bayleys Hamilton
2020
Sold
30 Nov 2020

Happy sellers in Forest Lake

73%
73% of sellers in Forest Lake reported that their sale price either exceeded or met their price expectations.

Forest Lake stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 16 reviews in Forest Lake over the last 12 months.

Local market activity for 5 bedroom houses in Forest Lake

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