72 Mansel Avenue, Hillcrest, Hamilton, Waikato

Home and income opportunities in today's challenging economy are advantageous investments. On top of the steady income a secondary dwelling provides, an additional home offers tremendous flexibility to a family looking for extra space. This property is ideal for extended family members given that the second dwelling is private and independent of the main home. The set up is equally appealing for Airbnb income and is an obvious choice for investors wanting to draw two income streams off one property.

Another huge benefit is location. The property is smack in the heart of Hillcrest, close to schools, university, shops and medical services. The area will always be demand with families, students, faculty and those who work nearby at the likes of Waikato Innovation Park and the Ruakura Superhub.

The main home is a classic 1960s brick, with three bedrooms, open plan dining and kitchen, a good size lounge, a bathroom with both shower and tub, a separate toilet and laundry. There's a heat pump in the lounge, and a dishwasher and freestanding oven in the kitchen. The home has had a busy life, and some upgrades would do wonders.

At nearly 52sqm, the second dwelling comfortable contains two bedrooms, a modern bathroom and open plan living with a heat pump. It sits at the rear of a large 781sqm section and has carport parking.

Both the front section and the fenced backyard have loads of green space for outdoor play and pastimes, and kids can easily scamper down to either Hillcrest or Jansen to play sport and kick balls around.

Masters Avenue shops, New World supermarket, Hillcrest High School, St John's College and the University of Waikato are all in easy walking distance.