35 Moreland Avenue, Pukete, Hamilton

Located at 35 Moreland Avenue, Pukete, Hamilton, this residential dwelling boasts 4 bedrooms, a spacious floor area of 190 sqm, and sits on a generous land area of 684 sqm. The property is characterized by its brick wall construction and iron roof, both in good condition, reflecting its 1990 build. Ownership is freehold, ensuring full rights to the property. It features a level contour, making it highly accessible and user-friendly. The home includes two living areas, a gas fire, a home ventilation system, and a double internal access garage, offering both comfort and convenience. Although it requires some tender loving care, its potential for profit is significant, making it an ideal project for those willing to invest some effort.

The property has seen a remarkable increase in capital value, from $630,000 in September 2018 to $970,000 in September 2021, marking a 53.97% growth. The HouGarden AVM estimates its value at $955,000. Historical sales data reveals a sale for $385,000 in August 2008 and $304,000 in December 2004, indicating a steady appreciation over time. This property represents a solid investment opportunity, with its value consistently on the rise.

Education is well catered for, with the property falling within the zone for Te Rapa School, a full primary school with a decile rating of 7, and Hamilton's Fraser High School, a secondary school covering years 9-15 with a decile rating of 4. Its location is ideal for families, being close to schooling options, river walks, "The Base" shopping center, all services in Hamilton North, and easy access to the Central City.

Updated on March 21, 2024.