Nestled in the prestigious Queenwood neighborhood, at 1027 River Road, Hamilton, lies this exceptional residential dwelling on a freehold site. Constructed in 1980 with wood exterior walls and tiled roofing, this property boasts 4 bedrooms, 2 car parks, and a floor area of 168 square meters on a land area of 826 square meters. The property, with its steep fall contour, is in good condition both in walls and roof, and offers a serene escape with views of the Waikato river.
Since September 2018, the capital value has seen a remarkable increase of 49%, from $990,000 to the current $1,475,000. The HouGarden AVM estimates the property at $1,440,000, while the latest sales in 2024 and 2018 were at $2,400,000 and $990,000 respectively. This indicates a strong investment potential for the right buyer.
For families with school-aged children, the property falls within the catchment area of Fairfield Intermediate, a decile 5 school. The location is also convenient for access to other prestigious schools, including Waikato Diocesan School for Girls, making it an ideal choice for those who value education.
Updated on August 14, 2024