Located at 173 Tuhikaramea Road, Dinsdale, Hamilton, this residential dwelling boasts a generous floor area of 250m2 on a sprawling 1288m2 freehold section. Constructed in 1976, the property features concrete walls and an iron roof, both in average condition, and accommodates 5 bedrooms, 3 car parks, and spacious living areas. The contour of the land is described as easy/moderate fall, making it an appealing option for various uses.
Over the years, the capital value of this property has seen significant growth, from $620,000 in September 2018 to $930,000 in September 2021, marking a 50% increase. The latest HouGarden AVM estimates the property's value at $917,500. Its sale history reveals a purchase for $709,000 on December 7, 2023, showing a substantial appreciation from the $378,000 sale on September 7, 2011. This property presents a unique opportunity for renovation or development, given its large section and existing structure.
The property falls within the zones for Hamilton's Fraser High School (Secondary, decile 4), Maeroa Intermediate (Intermediate, decile 3), and Koromatua School (Full Primary, decile 6), offering a range of educational options for families. Whether looking for a renovation project or a development site, this property provides ample potential amidst a backdrop of educational opportunities.