Embark on a journey to discover a charming two-bedroom, one-bathroom home nestled in a peaceful cul-de-sac at 41a Rotokauri Road, Nawton, Hamilton. This residential dwelling, built in 1989 with iron roofing and fibrous cement walls, presents an ideal opportunity for investors and first-time buyers alike. The property boasts an open-plan living area, a well-appointed kitchen, and a convenient single carpark. Notably, the capital value has seen a remarkable increase of 75.38% from $325,000 in 2018 to $570,000 in 2021. The latest sale was recorded at $585,000 in August 2021, closely aligning with the HouGarden AVM of $562,500. This home is set on level contour with average wall and roof conditions, offering potential for personal touches.
With a CV growth that outpaces the market average, this property is a golden investment. The increase in capital value is a testament to the area's desirability and potential for future growth. The home's practical layout and the allure of a quiet neighborhood are complemented by its central location, providing easy access to Hamilton's CBD and Te Rapa.
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. This ensures quality education is within reach. Embrace the convenience and comfort this property offers, while looking forward to a promising future in a thriving community.
Updated on November 19, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.19 km | 2 | 1 | 65m2 | Year 2024 Month 11 Day 18 | - | Council approved | |
 | 0.20 km | 3 | 1 | 110m2 | Year 2024 Month 09 Day 25 | $676,000 | Council approved | |
 | 0.16 km | 3 | 146m2 | Year 2024 Month 08 Day 30 | $850,000 | Council approved | ||
 | 0.08 km | 3 | 1 | -m2 | Year 2024 Month 08 Day 29 | $525,000 | Council approved | |
 | 0.05 km | 2 | 1 | 85m2 | Year 2024 Month 07 Day 16 | $550,000 | Council approved |