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192B Tramway Road, Enderley, Hamilton, Waikato, 4 Bedrooms, 1 Bathrooms, House

$559,000

192B Tramway Road, Enderley, Hamilton, Waikato

4
1
1
140m2
561m2
HouseListed on Tue Oct 15

Enderley 4 Bedroom Your Next Project or Perfect Start: Freehold Home for $559,000!

This remarkable property offers incredible value with its four bedrooms, stunning renovation, and a generous 561 m2 freehold section - all for under $600,000!

Key Features You'll Love:

•For Homeowners:

Enjoy a beautifully renovated modern kitchen featuring sleek stone bench tops, a 5-burner gas cooktop, and space for a double-door fridge. Stay comfortable year-round with three heat pumps, and make the most of the fully fenced backyard - safe for kids and pets alike. The spacious deck/patio area is perfect for outdoor entertaining or relaxing after a long day.

•For Investors:

At an asking price of $559,000 with a rental income of $680 per week, this property delivers a 6.3% gross yield, generating approximately $35,360 annually. Opportunities like this are hard to find at this price point, making it a smart addition to your portfolio.

Important Information:

A recent building inspection has identified some repairs, and a full report is included in the property files for your review. The asking price has been carefully set to reflect these issues, ensuring you're getting outstanding value. We strongly recommend reviewing the inspection report prior to booking a viewing.

Prime Location:

Conveniently located within walking distance to Porritt Stadium and just a short drive to Chartwell Shopping Centre, the University of Waikato, and the expanding Ruakura hub, this home ticks all the boxes for both lifestyle and investment.

Contact Kirn Parmar at 0278547722 or Terry Ryan at 021909978 today to schedule a private viewing.

Property files: https://www.terryryan.co.nz/192b-tramway-road/

Location

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Council Data

Last update : 2024 12 11
Improvement value$295,000Increased by 90% from year 2018
Land value$295,000Increased by 43% from year 2018
CV(Year 2021 Month 09)$590,000Increased by 63% from year 2018
DeckYes
View typeNo appreciable view
ContourLevel
Land area561m²
Floor area123m²
Decade of construction1950
Title253822
Type of titleFreehold
Legal descriptionLOT 2 DP 362181
CouncilHamilton
Estate descriptionFSIM,1/1,LOT 2 DEPOSITED PLAN 362181,561m2
ConstructionExternal Walls: Fibrous Cement
Roof: Iron
ConditionExternal Walls: Average
Roof: Average
ZoningResidential Zone - General Residential Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Insoll Avenue School
0.31 km
Primary
1-6
Government
Co-Educational
EQI: 546
1
Fairfield Intermediate
1.22 km
Secondary
7-8
Government
Co-Educational
EQI: 482
5
Peachgrove Intermediate
2.34 km
Secondary
7-8
Government
Co-Educational
EQI: 488
5

Property history

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For developers

Unitary plan:Residential Zone - General Residential Zone
Land:561m²
Title:Freehold

Surrounding facilities

Tramway Road Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
3/2 Masefield Drive, Enderley
0.18 km
2
1
80m2
Year 2024 Month 12 Day 06
$542,000
Council approved
33 Fairview Street, Fairview Downs
0.17 km
3
134m2
Year 2024 Month 09 Day 02
$739,000
Council approved
161 Tramway Road, Enderley
0.11 km
4
172m2
Year 2024 Month 08 Day 21
$870,000
Council approved
28 Alderson Road, Fairview Downs
0.26 km
3
1
-m2
Year 2024 Month 07 Day 11
$680,000
Council approved
178 Tramway Road, Enderley
0.14 km
3
112m2
Year 2024 Month 07 Day 01
$600,000
Council approved

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Ref:XR21138Last update:2024-12-11 21:40:52