31 Harrowfield Drive, Harrowfield, Hamilton

Welcome to 31 Harrowfield Drive, located in the prestigious suburb of Harrowfield, Hamilton. This exciting development features two duplex house and land packages, resulting in four modern homes, each with its own title. Nestled in a prime location in Hamilton, these single-story homes offer a perfect blend of comfort, convenience, and contemporary living.

The front two homes are located on the street front, while the back two are positioned down a driveway shared between the back units. Each home boasts a well-designed open-plan living space, ensuring ample room for relaxation and entertainment. The properties feature three double-sized bedrooms, each equipped with wardrobes. Units one and three have two bedrooms at the back, sharing the main bathroom, while the front bedroom enjoys a private ensuite. In contrast, units two and four have all three bedrooms at the back of the home, with one featuring an ensuite. Practicality is further enhanced with a single garage that houses the laundry facilities.

These homes are move-in ready, complete with blinds, a letterbox, and thoughtfully designed landscaping. The kitchen is equipped with high-quality Bosch and Baumatic appliances, ensuring a seamless cooking experience. Enjoy the seamless indoor-outdoor flow with ranch sliders opening to a north-facing courtyard, perfect for enjoying the sun and entertaining guests.

31 Harrowfield Drive is strategically located in Hamilton's northern suburbs, providing close proximity to Chartwell, The Base, and Northern Motorway links. Nearby parks and local amenities add to the appeal, making these houses and lands ideal homes or investment opportunities. Families will appreciate the accessibility to local schools, including Hukanui Primary, Fairfield Intermediate, and St. Paul's High School.

For convenience, there are two bus stops within easy walking distance, and fitness enthusiasts will find eight gyms within a four-kilometre radius. The wider area offers a variety of restaurants, shops, and other essential amenities, ensuring all your needs are within a short distance. Take advantage of the opportunity to secure one of these stylish and convenient homes in a highly sought-after location.

Completion due Q3 2025

Location

31 Harrowfield Drive is located in the northern part of Hamilton and is close to a number of amenities including shopping, school and main highways. Hamilton Central is just a short commute of around 7.5 kilometres.

• 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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