392 Kahikatea Drive, Dinsdale, Hamilton

Nestled in the serene cul-de-sac of Kahikatea Drive, this meticulously maintained property presents an ideal opportunity for both first-time buyers and investors. Constructed in 1978 with fibrous cement walls and an iron roof, this residential dwelling exudes warmth and sunlight. It features 3 bedrooms, 1 bathroom with a separate toilet, and an open-plan living area that bathes in natural light. The modern kitchen with coordinating laundry cabinetry is complemented by a heat pump for year-round comfort. Outside, a sun-drenched deck overlooks a fully fenced section, perfect for children and pets to roam freely. Other amenities include a carport, off-street parking, and a separate laundry. The property, with a floor area of 84 square meters, is under a cross-lease title. Notably, the capital value has seen an impressive increase of 82.61% from $345,000 in 2018 to $630,000 in 2021. The HouGarden AVM estimates the property at $612,500, while the latest sales were recorded at $321,000 in 2016 and $189,000 in 2005.

For families with school-aged children, the property falls within the zone of Hamilton's Fraser High School, a secondary school with a decile rating of 4.

Updated on August 19, 2024