Nestled at 12 Overton Street in the serene Rototuna North, Hamilton, this residential vacant land boasts a freehold title. The property spans across 300 square meters with an undefined floor area, making it a blank canvas for your dream home. While the specifics of the roof and wall construction remain unknown, the level contour of the land provides a solid foundation for future development. With no parking specified, this property is perfect for those seeking a tranquil, car-free environment in a quiet cul-de-sac.
As per the latest government valuation in September 2021, the capital value stands at $510,000, with the HouGarden AVM estimating it slightly lower at $490,000. The property’s latest sale history, dated August 2024, indicates a transaction of $385,000, suggesting potential growth in the capital value. The increase percentage, based on the latest sale price, showcases a promising investment opportunity.
For families with children, the property falls within the catchment area of several high-performing schools. Horsham Downs School, Te Totara Primary School, Rototuna Senior High School (Year 11-13), and Rototuna Junior High School (Year 7-8) are all decile 10 institutions, while Fairfield Intermediate is a decile 5 school. This exclusive location provides access to an excellent education network, making it an ideal choice for families.
Updated on October 16, 2024