7b Hinau Street, Maeroa, Hamilton

Embrace the perfect fusion of comfort and investment potential in this delightful property, ideally suited for first-time buyers, seasoned investors, or those seeking long-term growth. This 2-bedroom, 1-bathroom residence, built in 1975, is set on a level contour with stone walls and tiled roofing, both in good condition. It boasts a floor area of 92 square meters and is governed by a Cross-Lease title. The modern kitchen, open-plan dining/lounge, and cozy heat pump provide contemporary living comfort. The property includes a single carpark and a fenced yard for relaxation or entertainment. Notably, the Capital Value (CV) has seen a 61.80% increase from $445,000 in September 2018 to $720,000 in September 2021. The HouGarden AVM estimates the property at $700,000, while the latest sales were recorded at $470,500 in November 2019 and $325,000 in February 2016. Educationally, the property falls within the zones of Fraser High School (Decile 4), Forest Lake School (Decile 4), and Maeroa Intermediate (Decile 3), ensuring quality education for the family.

With its northerly aspect, urban views, and proximity to Hamilton's main routes, this property presents an irresistible investment opportunity. The motivated vendors are ready to cash up for new ventures, making this property a must-see. Don't miss your chance to secure this gem, scheduled for auction on August 8, 2024, unless sold prior.

Updated on August 12, 2024