20 Rimmington Drive, Hamilton Lake, Hamilton

Welcome to 20 Rimmington Drive, a charming freehold property nestled in the serene Hamilton Lake area. Constructed in 1999 with mixed materials for the walls and iron for the roof, this well-maintained home boasts three bedrooms, two carparks, and a spacious floor area of 150 square meters on a levelled 941 square meter section. The open-plan living area is the heart of this residence, designed for modern living and entertainment. With a CV of $785,000 as of September 2021, this property has shown a remarkable growth of 37.7% since 2018, reflecting its investment potential. The latest sale history includes a transaction in 2018 for $580,000 and another in 2012 for $350,000, while the HouGarden AVM estimates the property's value at $765,000.

For families with children, the Hamilton West School, a full primary with a decile rating of 5, is a significant highlight. This property is not just a family sanctuary but also a wise investment in a neighborhood poised for further growth. The convenient location near Lake Rotoroa and within walking distance to Waikato Hospital adds to the appeal, making it an ideal choice for healthcare professionals or those valuing accessibility to amenities.

With a rental appraisal of $600 - $650 per week, this property presents a versatile opportunity. Whether you seek a comfortable family home or a property with strong capital value appreciation, 20 Rimmington Drive is set to exceed your expectations.

Updated on September 02, 2024