Nestled at 34 Kowhai Street in the serene Hamilton Lake, this freehold property boasts a charming residential dwelling constructed in 1970 with a solid iron roof and well-maintained wooden walls. It features 3 bedrooms, 1 bathroom, a single car park, and a generous floor area of 147 square meters on a land of 946 square meters. The property enjoys an easy/moderate rise contour, providing a tranquil environment amidst a small manuka grove, ensuring privacy and pleasant views.
Since September 2018, the capital value has shown a significant increase of 31.43% to reach $920,000 as of September 2021. The HouGarden AVM estimates the property at $842,500, while the latest sales were recorded at $795,000 in 2024 and $510,000 in 2015. Such growth demonstrates the investment potential of this property.
For families with children, the Hamilton West School, a full primary with a decile rating of 5, is an added advantage. The property's proximity to Waikato Hospital not only makes it suitable for medical professionals but also presents a golden opportunity for investors seeking a steady stream of potential tenants.
Updated on December 04, 2024