161 Rimu Street, Maeroa, Hamilton

Nestled on a level 557sqm freehold section at 161 Rimu Street, Maeroa, Hamilton, this charming bungalow from 1930 boasts 5 bedrooms, 1 bathroom, and 2 car parks. The well-maintained wood exterior and tiled roof set the stage for a warm and inviting home. Inside, the modern kitchen with stainless-steel appliances and a breakfast bar anchors the spacious open-plan living area. The upper level features two double bedrooms and a bathroom, while a spiral staircase leads to a second living space, three more bedrooms, a family bathroom, and laundry facilities. Both bathrooms showcase stylish updates and tiled floors for ease of cleaning. The property's Capital Value has seen a remarkable increase of 62.5% from $480,000 in 2018 to $780,000 in 2021. The HouGarden AVM estimates the property at $760,000, and the latest sales were in 2017 for $260,000 and 1995 for $137,000. This centrally located residence is in the zone for Fraser High School (Decile 4), Forest Lake School (Decile 4), and Maeroa Intermediate (Decile 3), ensuring quality education for the family.

With an impressive CV growth rate and a prime location, this property presents an exceptional opportunity for investors and families alike. The seamless indoor-outdoor flow encourages a relaxed lifestyle, and the artificial lawn requires minimal maintenance. It's a home that promises comfort, convenience, and connectivity to city life, cafes, entertainment, and sports venues, including the FMG Stadium.

Educational institutions in the area are rated highly, with the Fraser High School being a Secondary school catering to Years 9-15. The Forest Lake School and Maeroa Intermediate are also well-regarded, providing a solid foundation for learning. This property is not just a house; it's an investment in a lifestyle that combines the best of community, convenience, and educational opportunities.

Updated on August 01, 2024