3/7 Faiping Road, Rukuhia, Waipa

Nestled on a serene cul-de-sac in the esteemed Rukuhia, Waipa, this freehold property boasts a capital value that has seen a remarkable 62.6% increase from $1,230,000 in 2019 to $2,000,000 in 2022. Constructed in 2003 with brick walls and tiled roof, the 321sqm home sits gracefully on a sprawling 3789sqm section. It features five bedrooms, two carparks, and is designed to embrace the outdoors with an inground pool and lush greenery. The property, with its additional consented dwelling, offers a versatile living arrangement suitable for multi-generational living or as a lucrative investment.

Valuation history shows a promising trend, with the HouGarden AVM estimating the property's worth at $1,980,000. The latest sales in 2024 and 2018 were at $1,585,000 and $1,130,000 respectively, indicating a consistent appreciation in value. This residence not only promises financial growth but also a quality lifestyle in a tranquil setting, just minutes away from Hamilton's city edge and the airport.

For families with children, the property falls within the Rukuhia School zone, a full primary school with a decile rating of 8. This indicates a high standard of education in a community that values quality living.

Updated on November 27, 2024