Nestled in the serene environment of 18 Maanihi Drive, Rototuna North, Hamilton, this residential vacant land boasts a freehold title. The property, sitting on a level contour, offers a generous land area of 403 square meters. While the specifics of the wall and roof construction remain unknown, the potential for development is immense. With no existing structures, this is a blank canvas for your dream home.
History has shown a remarkable increase in the capital value, jumping from $400,000 in September 2018 to $580,000 as of September 2021, indicating a growth rate of 45%. The HouGarden AVM estimates the property's worth at $572,500, while the latest sale records show transactions at $490,000 in 2024 and $345,000 in 2019, reflecting a consistent upward trend in value.
For families with school-aged children, the property falls within the highly sought-after school zones of Te Totara Primary School, Rototuna Senior High School (Year 11-13), Rototuna Junior High School (Year 7-8), and Fairfield Intermediate, all of which are rated 10 out of 10 or 5 in terms of decile, ensuring a quality education for your loved ones.
Updated on November 27, 2024