Located at 13 Moore Street, Forest Lake, Hamilton, this residential home & income property presents a unique opportunity. With five bedrooms, a floor area of 164m², and a substantial land area of 791m², it's a freehold property that promises space and freedom. The house, built in 1960, features wood wall construction and an iron roof, both in good condition. The property's contour is described as an easy/moderate rise, accommodating two carparks and offering a blend of historical charm and modern convenience.
Over the past few years, the property has seen a significant increase in capital value, from $500,000 in September 2018 to $790,000 in September 2021, marking a 58% growth. The HouGarden AVM estimates its value at $780,000. Its sale history reveals a steady appreciation, with sales recorded at $397,000 in June 2007 and $507,000 in November 2015. This trajectory underscores the property's solid investment potential and its appeal in the market.
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), making it a perfect choice for families prioritizing education. The surrounding area, near Lake Rotokaeo and Minogue Park, offers a serene environment and ample recreational opportunities, enhancing the living experience for residents.
Updated on March 21, 2024.
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.11 km | 4 | 2 | 163m2 | Year 2024 Month 12 Day 06 | $820,000 | Council approved | |
 | 0.22 km | 3 | 2 | -m2 | Year 2024 Month 10 Day 01 | $855,000 | Council approved | |
 | 0.04 km | 4 | 2 | -m2 | Year 2024 Month 09 Day 20 | $875,000 | Council approved | |
 | 0.25 km | 4 | 3 | 280m2 | Year 2024 Month 07 Day 17 | - | Council approved | |
 | 0.28 km | 3 | 1 | 80m2 | Year 2024 Month 07 Day 15 | $490,000 | Council approved |