Nestled at 56 Rotokauri Road, Nawton, Hamilton, this residential property with home and income potential boasts a freehold title on a level 667sqm section. Constructed in 1970 with wood walls and an iron roof, both in good condition, the house features 3 bedrooms and a generous living area with a family bathroom, perfect for growing families. The property includes a single car park and a floor area of 146sqm. With a capital value of $790,000 as of September 2021, it has shown a significant increase of 54.90% from its 2018 valuation of $510,000. The HouGarden AVM estimates the property at $795,000, while the latest sales were recorded at $850,000 in August 2024 and $402,000 in April 2019.
For investors, this property has been a consistent rental income earner. Its potential is undeniable, with some simple upgrades promising substantial returns on investment. The large, flat section is ideal for outdoor enjoyment, and the single garage provides ample storage and work space. Its location offers easy access to the CBD and is just a short drive to The Base. It's also well-served by convenient bus routes. James Walsh, at 0273139170, can facilitate a viewing for those ready to roll up their sleeves and transform this property.
Educationally, the property falls within the zone of Hamilton's Fraser High School, a secondary school with a decile rating of 4, catering to students from Year 9 to 15.
Updated on September 25, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.11 km | 2 | 1 | 80m2 | Year 2024 Month 11 Day 19 | $514,500 | Council approved | |
 | 0.10 km | 2 | 1 | 65m2 | Year 2024 Month 11 Day 18 | - | Council approved | |
 | 0.28 km | 3 | 1 | -m2 | Year 2024 Month 10 Day 11 | $685,000 | Council approved | |
 | 0.12 km | 3 | 1 | 110m2 | Year 2024 Month 09 Day 25 | $676,000 | Council approved | |
 | 0.09 km | 3 | 1 | -m2 | Year 2024 Month 08 Day 29 | $525,000 | Council approved |