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166 State Highway 26, Newstead, Waikato

Deadline Sale (Unless Sold Prior) 12 Nov 4:00pm

6

3

8,633m²

Collect the Rent, Bank the Land

Land bank with an income and explore the possibilities. Positioned on Hamilton's eastern fringe, this freehold holding combines multiple homes with Large Lot Residential zoning, giving investors and buyers with a longer term view a reason to look closely.

The 8,633m² site offers scope to investigate subdivision, with a standard minimum net lot size of 2,500m² applying in this area. Buyers can explore how the land might be configured, subject to council approval, access, servicing and other applicable planning requirements.

Existing accommodation comprises a four bedroom main home, a separate two bedroom home and a one bedroom home. Currently returning $1,100 per week, with the fixed term running until August 2027, the property brings an established income stream to the land bank proposition.

The location strengthens the appeal. The University of Waikato and Ruakura Inland Port are nearby, placing key education and employment destinations within easy reach. Silverdale Normal School and Jansen Park add schooling and recreation to a setting that retains a country feel close to the city.

Supporting improvements include garaging, carports, smaller outbuildings and a large rear shed. Established driveway access connects the homes and shedding, with parking and turning areas, fenced grassed spaces and mature trees across the grounds.

With rental income already in place, you can land bank while exploring the property's subdivision potential. Bring your surveyor and take a closer look.

Contact Yvenna or Craig to view.

Additional details

Type

House

Property ID

L43443560

Listed on

29/10/2026

Updated

2 hours ago

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Listed for sale on OneRoof for 1 days (last updated on 29 October) and was last sold in 2020 for $1,250,000. OneRoof now estimates this property to be $1,245,000 and its latest rating valuation by Waikato council is $1,225,000 as of 2024. There are 7 properties for sale in Newstead.

Property data

On OneRoof

0 days

Property Type

House

Floor Area

190m²

Land Area

8,633m²

About the area

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Newstead, Waikato

Newstead is a suburb which lies within the Territorial Authority of Waikato, one of 67 residential suburbs which form the wider region. Newstead is the 18th largest suburb of Waikato in terms of the total number of residential housing stock. Newstead provides a range of housing stock, with the earliest residential housing recorded in the area constructed between 1910 - 1919. The majority of the residential housing stock in the locality was constructed between 2000 - 2009. Residential housing stock in Newstead is made up of approximately 8% residential housing and 92% lifestyle properties.

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