2g Riro Street, Hamilton East, Hamilton

Nestled in the serene Riro Street of Hamilton East, this 140 square meter residential unit, built in 2005, boasts 3 bedrooms, 2 carparks, and is titled under Unit Title. The home features an iron roof and brick walls, both in average condition, and is situated on a level contour. It's a perfect blend of convenience and comfort, being within a 20-minute walk from Hamilton Lake and the city's major employers, as well as the popular Hamilton Gardens. The property has seen a significant Capital Value increase of 43.86% from $570,000 in 2018 to $820,000 as of September 2021. HouGarden AVM estimates it at $765,000, while the latest sale was recorded in 2017 for $565,000.

For families with school-aged children, the property falls within the zones of highly esteemed schools such as Hamilton Boys' and Girls' High Schools, Peachgrove Intermediate, and Marian Catholic School, all known for their high decile ratings. The layout is thoughtfully designed with a modern kitchen, a wide island bench, and three spacious bedrooms set back from the living areas, offering privacy and functionality. It also includes double garaging, ample storage, a fully enclosed outdoor patio, and mostly double glazed windows.

Whether you're looking for a low-maintenance lock and leave option or a sound investment with great potential for capital gains, this property in a prime city location is an opportunity not to be missed.

Updated on July 03, 2024