25 Rosalind Street, Deanwell, Hamilton

Nestled in the serene Rosalind Street of Deanwell, Hamilton, stands a charming residential property with a 'Home and Income' opportunity. This freehold property boasts 4 bedrooms, 1 bathroom, and 2 car parks, spread across a floor area of 92 square meters on a spacious 612 square meter lot. The exterior walls are constructed with robust bricks, while the roof is made of iron, both in good condition, reflecting the solid build of the 1970s era. Inside, the main house offers an open-plan dining and living area, complemented by a modern kitchen, and is adorned with a mix of carpet, linoleum, and polished wooden flooring. The addition of a heat pump ensures comfort year-round. The secondary dwelling provides a versatile space, ideal for extended family or as a rental unit, complete with its own amenities. The property has seen a significant Capital Value increase of 53.19% over the past three years, from $470,000 to the current $720,000. The HouGarden AVM estimates the property's worth at $670,000. Notably, the latest sale history includes transactions in 2019 for $535,000 and in 2006 for $350,000. For families, Deanwell School, a contributing school with a decile rating of 3, is in the zone.

With a potential for a great return on investment, this property presents a golden opportunity to nest or invest. It's conveniently located near local amenities, Deanwell Primary School, and is just a short drive from the Gallagher Aquatic Centre and Waikato Hospital. Each house has its own private space, a share of the double garage, and is fully fenced, offering both privacy and security.

Currently tenanted by friendly occupants who wish to stay, this property is perfect for those seeking their first home or a wise investment in the property market.

Updated on May 17, 2024