155 Rimu street, maeroa, Hamilton

Welcome to 155 Rimu Street, Maeroa, in Hamilton, a modern development of four stylish homes, each with its own title. These two house and land duplexes are designed to provide the perfect blend of comfort and convenience in Hamilton's central suburbs.

Each home features three double bedrooms, two bathrooms, and a single garage. The layout is thoughtfully designed, with two bedrooms located at the front of the home and the master bedroom with an ensuite situated at the rear. The open-plan living area creates a spacious and inviting atmosphere, perfect for family gatherings and entertaining. All bedrooms have built-in wardrobes, offering ample storage space, and the laundry is conveniently located in the garage.

These homes are fully turn-key, move-in ready, complete with blinds, landscaping, and a letterbox. The kitchens are equipped with high-quality Smeg and Baumatic appliances, complemented by engineered stone benchtops, providing a stylish and functional space for cooking and dining.

Located in the suburb of Maeroa, 155 Rimu Street offers easy access to Hamilton's CBD, key industry areas, and the Waikato Expressway. The proximity to nearby parks and schools enhances the appeal of these homes as both a desirable residence and a promising investment opportunity. Local schools include Forrest Lake Primary, Maeroa Intermediate, and Fraser High School, ensuring educational needs are well catered to.

Residents will benefit from the convenience of numerous bus stops within easy walking distance and several nearby gyms. The wider area offers a variety of restaurants, shops, and other essential amenities, making everyday living a breeze. Take advantage of the opportunity to secure one of these contemporary and convenient homes in a highly desirable location.

Completion due Q4 2024

Location

Located in Maeroa Hamilton, 155 Rimu Street offers accessibility to the central city, industrial areas and the Waikato Expressway. Along with the wider area offering a number of schools, restaurants and other amenities.

• Fraser High School 1.1km

• PAK'nSAVE Mill Street 3.1km

• The Base Shopping Centre 5.2km

• Waikato Hospital 4.8km

• Hamilton Airport 17.5km

Note: Cost to own and cashflows are approximate examples only. Actual results achieved will vary based on purchase price, interest rate, deposit %, providing carparks, providing furniture, insurance, property rates and rental rate. Please download free analysis software to complete your own analysis. Our team can help you with this, so don’t hesitate to contact us.

Investment Analysis

Hamilton is often overlooked as a location to invest in property. However, with property in Auckland and Tauranga becoming out of reach for many, Hamilton's time has come.

As the largest inland city in New Zealand, Hamilton has approximately 165,000 people and the population is forecasted to rise to 237,000 by 2048. This forecasted population growth will create a steady demand for housing, providing investors with the potential for continuous rental income.

The city's strategic location within the rich agricultural and pastoral heartland of the Waikato region adds significant value to its property market. Numerous science and research facilities strengthen the local economy, creating job opportunities and attracting a skilled workforce. The city's prominence is highlighted by hosting the national Fieldays, the largest agricultural trade show in the southern hemisphere, drawing global attention and investment.

Affordability is another attractive aspect of Hamilton's property market. As of May 2024, the median house price was $768,000, which is more affordable than the national median sales price of $803,000. This affordability and lower entry prices allow investors to enter the market more efficiently and achieve higher capital gains in the future.

Economic development in Hamilton is robust, driven by diverse sectors such as agriculture, education, and healthcare. The University of Waikato and numerous research institutions contribute to a dynamic and resilient local economy. Moreover, the proactive initiatives by the Hamilton City Council to improve urban infrastructure and support growth further enhance the city's investment climate. With its high quality of life, range of amenities, and a blend of urban and rural living, Hamilton attracts a broad demographic, making it a compelling choice for property investors looking for long-term growth.

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