9 Rivercove Lane, Flagstaff, Hamilton

Located at 9 Rivercove Lane, Flagstaff, Hamilton, this residential vacant land presents a golden opportunity for those looking to build their dream home in an exclusive enclave. The property boasts a freehold ownership type with a land area of 713 square meters. Despite the unknown details regarding the wall and roof construction, as well as their conditions, the level contour of the property adds to its appeal. The absence of buildings gives you a blank canvas to work with, ensuring your future home can fully utilize the space and views this section has to offer.

Over the years, the capital value of this property has seen a significant increase, from $430,000 in September 2018 to $825,000 in September 2021, marking an impressive 91.86% growth. The latest sale data shows a transaction at $730,000 on January 19, 2024, following a previous sale at $475,000 on December 13, 2018. The HouGarden AVM estimates the property's value at $815,000, highlighting its potential and the vendors' motivation for a sale as they plan to relocate to Australia.

The property is zoned for several high-decile schools, including Rototuna Senior High School (Y11-13) and Rototuna Junior High School (Y7-8), both with a decile rating of 10, Endeavour School (decile 10), Fairfield Intermediate (decile 5), and Te Rapa School (decile 7). This ensures access to quality education, making it an ideal location for families. The promise of stunning views of Mount Pirongia and beautiful sunsets further enhances the allure of this exceptional piece of real estate in an upscale Hamilton neighbourhood.