47 Rotokauri Road, Nawton, Hamilton

Nestled on a level plot at 47 Rotokauri Road, Nawton, Hamilton, this 1910's character home offers immense potential on a freehold land of 1013m2. The property boasts 3 bedrooms, 2 carparks, and a spacious floor area of 113m2. Constructed with iron roofing and fibrous cement walls, both in average condition, this residence is a perfect canvas for development or renovation. The capital value has seen a remarkable increase of 166.67% from $405,000 in 2018 to $1,080,000 in 2021, showcasing a rapid growth that's sure to attract investors and developers. The HouGarden AVM estimates the property's worth at $1,087,500, aligning closely with the latest government valuation.

With a CV increase that speaks volumes about the property's investment potential, this home is a gem for those seeking to maximize ROI. Its strategic location, close to Te Rapa, The Base, and the Expressway, adds to its appeal. The property has also been valued for its potential to add a 'Granny Flat', further enhancing living options and property value. Fraser High School, a secondary institution with a decile rating of 4, is in the school zone, making it an attractive prospect for families.

Whether you're a renovator eager to restore a piece of history, a DIY enthusiast looking for a project, or a property developer seeking to showcase creativity, this property is a unique find. Contact Anton for the information memorandum and to arrange a viewing, and unlock the potential of this charming residence.

Updated on September 03, 2024