119c Rimu Street, Maeroa, Hamilton

Located at 119c Rimu Street, Maeroa, Hamilton, this single-level residential dwelling offers a serene living experience at the end of a quiet lane. With three bedrooms, one bathroom, and a floor area of 93m² on a 509m² freehold land, this property is perfect for first home buyers or investors. The house features a separate lounge with a heat pump, an open plan kitchen dining area, and has undergone significant upgrades including double-glazed joinery, a new roof, deck, and freshly painted fences. The exterior boasts a manageable garden, a garden shed, and a newly built deck for outdoor dining, complemented by a carport and additional off-street parking.

From a financial perspective, the property has seen a substantial increase in capital value, from $455,000 in September 2018 to $570,000 in September 2021, marking a 25.27% growth. The HouGarden AVM estimates its value at $557,500. Historically, the property sold for $211,000 in May 2005 and then for $255,000 in July 2005, indicating a strong appreciation over the years.

Education is well catered for with the property being zoned for Hamilton's Fraser High School (Secondary, decile 4), Forest Lake School (Contributing, decile 4), and Maeroa Intermediate (Intermediate, decile 3), making it an ideal location for families with school-going children. The property's proximity to the city, supermarkets, amenities, and major arterial routes, along with the ability to walk to FMG Stadium, adds to its appeal.

Updated on March 22, 2024.