5a Denz Street, Maeroa, Hamilton

Nestled on a levelled freehold section at 5a Denz Street, Maeroa, Hamilton, this charming 1940-built residence boasts 3 bedrooms, 1 bathroom, and a floor area of 98 square meters. The exterior walls, crafted from wood, and the iron roof are both in average condition, while the property's recent updates include a new roof and a modernized kitchen. With a land area of 451 square meters, this dwelling is a perfect starter for the astute buyer, situated in a quiet cul-de-sac just a stone's throw away from the CBD. The property's Capital Value (CV) has seen a remarkable increase of 62.86% from $350,000 in September 2018 to $570,000 in September 2021. The HouGarden AVM estimates the property's worth at $552,500. Notably, the last sale was recorded at $307,000 in December 2015, following a previous sale at $265,000 in September of the same year.

For families with school-aged children, the property falls within the zones of Fraser High School (Decile 4), Forest Lake School (Decile 4), Maeroa Intermediate (Decile 3), and Whitiora School (Decile 3), ensuring access to quality education. Currently tenanted with amazing tenants and compliant with Healthy Homes standards, this property presents a solid investment opportunity.

Updated on August 29, 2024