Nestled in the serene cul-de-sac of Norrie Street, Bader, Hamilton, this freehold property is a gem for both first-time buyers and investors. Built in 1950 with a fibrous cement exterior and tiled roof, the dwelling boasts an average condition with a floor area of 104 square meters on a levelled 453 square meter plot. The residence features three ample bedrooms and a single bathroom, thoughtfully designed for comfortable family living. The property's capital value has seen a remarkable increase of 71.43% from $350,000 in 2018 to $600,000 as of September 2021. HouGarden AVM estimates the property at $592,500, while the latest sales history shows a sale in 2016 for $345,000 and another in 2012 for $150,000. Currently tenanted, this property presents an opportunity to enter the market or expand your investment at an attractive price of $489,000.
With a heat pump ensuring year-round comfort, the property has been refreshed with a modern kitchen and neutral decor, offering a clean and inviting atmosphere with potential for personal touches. Its convenient location near the CBD and Waikato Hospital is complemented by its proximity to highly regarded schools, parks, and the scenic Waikato River walkways. The property falls within a school zone with excellent decile ratings, ensuring access to quality education for the family.
Embrace the chance to own this charming home or add it to your investment portfolio. This property is a clear winner for those seeking their first home or a sound investment in the thriving Hamilton real estate market.
Updated on November 13, 2024