15 Lucina Rise, Peacocke, Hamilton

Located at 15 Lucina Rise, Peacocke, Hamilton, this residential vacant land offers a promising opportunity for those looking to secure their future home in an emerging neighborhood. The property spans 404 square meters with a freehold ownership type, providing a blank canvas for potential homeowners. Despite the unknown specifics regarding the building's age, roof, and wall construction and condition, the level contour of the property presents an ideal setting for development. The vision for Peacocke is to evolve into a vibrant mixed-housing community, complete with open spaces, a Town Centre, schools, public transport hubs, and a public library, as part of Hamilton City Council's focus over the next decade.

The property's capital value as of September 2021 was $465,000, with a recent sale on December 5, 2023, astonishingly reaching $935,000. This significant increase highlights the area's growing appeal and investment potential. The HouGarden AVM estimates the property's value at $455,000, further underscoring its attractiveness in the current market.

School zoning is an important consideration for families, and this property does not disappoint. It falls within the zones for Deanwell School (decile 3), Glenview School (decile 5), and Rukuhia School (decile 8), offering a range of educational options for children of different ages. Each school's decile rating reflects the quality of education and community support, making this location ideal for families prioritizing education.