20 Ridout Street, Maeroa, Hamilton

Nestled in the quiet neighborhood of Maeroa, Hamilton, the property at 20 Ridout Street is a testament to classic charm meeting modern comfort. This 1940s-built home boasts a spacious layout with four bedrooms, one bathroom, and a single carpark, covering a floor area of 180 square meters on a generous land area of 1034 square meters. The freehold property features brick walls and tile roofing, both in good condition, and is situated on land with an easy/moderate fall. The interior includes a cozy fireplace, ducted central heating, and electric blinds, ensuring year-round comfort. Highlights include raked ceilings, an ensuite off the master bedroom with a luxury bath, and a rustic central kitchen. Entertainment is a breeze on two large decks offering expansive city views, complemented by landscaped gardens and a single garage accessed via a wrap-around drive.

Over the years, the capital value of this residence has seen a remarkable increase, from $680,000 in September 2018 to $1,455,000 in September 2021, marking a growth of approximately 113.97%. The HouGarden AVM estimates the property's value at $1,430,000. Historical sales data reveals a sale for $670,000 in July 2016, following a previous sale at $518,000 in November 2015.

The property is zoned for several schools, including Hamilton's Fraser High School (Secondary, decile 4), Forest Lake School (Contributing, decile 4), and Maeroa Intermediate (Intermediate, decile 3), offering a range of educational options for families. Located close to the CBD, Forest Lake, and Maeroa, residents enjoy both the tranquility of suburban living and the conveniences of city life, with the popular Sugar Bowl cafe just a stone's throw away.

Updated on March 21, 2024.