23a Hinau Street, Maeroa, Hamilton

Located at 23a Hinau Street, Maeroa, Hamilton, this charming residential dwelling offers a unique blend of comfort and convenience. With 3 bedrooms, 1 bathroom, and 2 car parks, this home spans a floor area of 92m². Constructed in 1930, it features wooden walls in good condition and an iron roof also in good condition. The property is a Cross-Lease title, set on an easy/moderate rise contour, making it an attractive choice for families and investors alike.

Over the years, the capital value of this property has seen a significant increase, from $460,000 in September 2018 to $715,000 in September 2021, marking a 55.43% growth. The latest HouGarden AVM estimates the property's value at $685,000. Its sale history reveals a recent transaction on January 17, 2024, for $595,000, following a previous sale for $305,000 on March 5, 2007. This demonstrates the property's steady appreciation and potential for investment.

The property is ideally located within the school zones of Hamilton's Fraser High School (Secondary, decile 4), Forest Lake School (Contributing, decile 4), and Maeroa Intermediate (Intermediate, decile 3), offering excellent educational opportunities for families. This home is not only a peaceful retreat but also a wise investment in a sought-after area.

Updated on April 04, 2024.