$1,990,000

31 Opoia Road, Hamilton East, Hamilton, Waikato

4

2

1396m²

HouseListed on Tue Oct 29

Hamilton East 4 Bedroom Multi Story Development Opportunity On The River

Positioned on the scenic fringe of the Waikato River in one of Hamilton's most desirable locations, this expansive 1369 sqm parcel is a prime development site.

Clad in vertical cedar, the existing multi-level residence provides immediate functionality while showcasing the potential for new developments. The property currently features three spacious living zones, a modern kitchen with granite countertops, an office, a reading room, and four generous bedrooms serviced by two family bathrooms. However, the real value lies in the land and its development possibilities.

With resource consent granted for an apartment complex comprising 20 upscale units, this site is ready for the next phase of transformation. This blue-chip location offers a fantastic opportunity for developers looking to capitalise on the thriving Hamilton East area.

Don't miss this chance to secure a significant piece of real estate at 31 Opoia Road. Contact Lally Sandhu on 021 115 0001 today for further details!

Location

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Council Data

Last update : 2024 12 11

Improvement value$20,000Reduced by -81% from year 2018

Land value$2,000,000Increased by 185% from year 2018

CV(Year 2021 Month 09)$2,020,000Increased by 149% from year 2018

DeckYes

View typeFocal Point Of view - Water

ContourLevel

Land area1396m²

Floor area255m²

Decade of construction1920

Title130242

Type of titleFreehold

Legal descriptionLOT 2 DP 331692

CouncilHamilton

Estate descriptionFSIM,1/1,LOT 2 DEPOSITED PLAN 331692,1396m2

ConstructionExternal Walls: Wood
Roof: Iron

ConditionExternal Walls: Average
Roof: Average

ZoningResidential Zone - Residential Intensification Zone

School zones

Name	Distance	Type	Year	Attribute	Gender	Score	Decile
Hamilton East School	0.59 km	Primary	1-6	Government	Co-Educational	EQI: 463	4	Detail
Hamilton Girls' High School	0.78 km	Secondary	9-15	Government	Single Sex-Girls	EQI: 462	6	Detail
Hamilton Boys' High School	0.90 km	Secondary	9-15	Government	Single Sex-Boys	EQI: 429	7	Detail
Marian Catholic School (Hamilton)	1.13 km	Primary	1-8	Government	Co-Educational	EQI: 400	7	Detail
Peachgrove Intermediate	1.24 km	Secondary	7-8	Government	Co-Educational	EQI: 488	5	Detail

Property history

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For developers

Unitary plan:Residential Zone - Residential Intensification Zone

Land:1396m²

Title:Freehold

Surrounding facilities

Opoia Road Neighborhood and Surrounding Data
Opoia Road neighborhood is a sub-region located within Hamilton East city

Mortgage

Sold nearby

Address	Distance	Bed	Bath	Floor area	Sold date	Sold	Data source
1/6 Opoia Road, Hamilton East	0.04 km	2	1	50m²	Year 2024 Month 11 Day 29	-	Council approved
1/6 Opoia Road, Hamilton East	0.04 km	2	1	50m²	Year 2024 Month 11 Day 29	-	Council approved
24/312 Victoria Street, Hamilton Central	0.00 km	2	1	60m²	Year 2024 Month 09 Day 11	$450,000	Council approved
15 Myrtle Street, Hamilton East	0.30 km	3		133m²	Year 2024 Month 09 Day 05	$760,000	Council approved
2G Riro Street, Hamilton East	0.02 km	3	3	140m²	Year 2024 Month 07 Day 03	$652,500	Council approved