2/91 Rimu Street, Maeroa, Hamilton

Nestled in the tranquility of a quiet cul-de-sac at 2/91 Rimu Street, Maeroa, Hamilton, this residential ownership home unit boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed in 1970 with concrete walls and tiled roofing, the property presents an average condition both inside and out. The 61 square meter floor area is complemented by a level contour, providing an easy living environment. As a cross-lease property, it offers a unique opportunity for ownership. Notably, the property has seen a significant Capital Value (CV) increase from $305,000 in September 2018 to $450,000 in September 2021, reflecting a growth rate of 47.5%.

With a HouGarden AVM of $412,500 and a latest sale record of $80,000 in October 2000, this property holds both investment potential and a history of value appreciation. The recent renovations, including fresh paint, new flooring, and an updated kitchen, enhance the appeal of this move-in ready home.

For families, the property falls within the zones of Fraser High School (Secondary, Decile 4), Forest Lake School (Contributing, Decile 4), and Maeroa Intermediate (Intermediate, Decile 3), ensuring quality education is close at hand. With convenient access to shopping centers, cafes, and the CBD, this home is an ideal blend of comfort, convenience, and potential.

Updated on December 17, 2024