Rūma Manuhiri
Kihini
Ngā Rūma Moe
Nestled in the serene Forest Lake Road of Hamilton, this highly sought-after freehold property is a rare gem in the market. Comprising 4 bedrooms, 2 carparks, and a spacious floor area of 180 square meters on a land of 877 square meters, this 1972-built home features concrete walls and an iron roof in average condition. The property, with an easy-to-moderate fall contour, is perfect for those who appreciate privacy and tranquility, set back from the road with a long driveway.
As for investment value, the property has seen a remarkable Capital Value increase of 83.93% from $560,000 in 2018 to $1,030,000 in 2021. The HouGarden AVM estimates the property's worth at $958,500, while the latest sale in 2001 was for $180,000. This growth trajectory highlights the property's potential as a sound investment.
For families with school-aged children, the property falls within the zones of Fraser High School (Decile 4), Forest Lake School (Decile 4), and Maeroa Intermediate (Decile 3), ensuring access to quality education. This combination of prime location, investment potential, and educational opportunities makes it an ideal choice for the savvy buyer.
Updated on September 27, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.26 km | 3 | 1 | -m2 | 2025 02 03 | $802,000 | Council approved | |
 | 0.26 km | 3 | 2 | -m2 | 2025 01 30 | $480,000 | Council approved | |
 | 0.29 km | 4 | 1 | 110m2 | 2024 12 10 | - | Council approved | |
 | 0.16 km | 4 | 2 | 163m2 | 2024 12 06 | $820,000 | Council approved | |
 | 0.17 km | 3 | 2 | -m2 | 2024 10 01 | $855,000 | Council approved |