Nestled in the heart of Maeroa, Hamilton, this delightful 2-bedroom, 1-bathroom residence with a single carpark is a gem on a level plot. Constructed in 1970 with sturdy brick walls and an iron roof, both in good condition, this cross-lease property offers a floor area of 90 square meters. The capital value has seen a significant increase from $410,000 in September 2018 to $670,000 in September 2021, reflecting a growth rate of 63.41%. Set back from the road and opposite The Sugar Bowl Cafe, the location provides both convenience and privacy, with The Base just a 10-minute drive and the CBD a mere 5 minutes away.
With a HouGarden AVM valuation of $665,000, this property presents a solid investment. The recent sales history and government valuation trajectory indicate strong market confidence. The vendors have moved on to their next chapter, creating an opportunity for you to secure this charming home.
For families, the school network is a significant draw. Within the zone are Fraser High School (Year 9-15, Decile 4), Forest Lake School (Contributing, Decile 4), Maeroa Intermediate (Decile 3), and Whitiora School (Full Primary, Decile 3), ensuring quality education options for children of all ages.
Updated on November 14, 2024