RARE HOME AND INCOME 1025m2 SECTION

$449,000

12 Repoiti Court, Rototuna

Property Information

  • Property ID: LR03949
  • Location: 12 Repoiti Court, Rototuna
  • Category: Residential
  • Land Area: 1025 m2
  • Price: $449,000
This large north-facing residential section in the new North Point Subdivision is suitable for the construction of a house of 200m2+ and an 'Independent Household Unit' (separate from the main household) of 40 - 60m2. Investors will recognise a rare opportunity - covenants allowing the building of a dwelling with extra independent living suitable for extended families. Located in the heart of the booming North-East Hamilton suburb of Rototuna. This area is very popular with families and investors alike as it is zoned for the new 'state of the art' Rototuna Junior and Senior High Schools, and minutes to the proposed Resolution Interchange for the new Waikato Expressway, allowing easy connectivity to the CBD and Auckland. The section is also close to the Rototuna Shopping Centres (including Countdown and New World Supermarkets) and planned new Mega Town Centre in Rototuna; proposed to include a transport hub, library, swimming pool, community facilities and retail. Operative Plan link http://www.hamilton.govt.nz/our-council/council-publications/districtplans/PODP/appendix7/Pages/default.aspx. North East Hamilton boasts enviable town planning initiatives; cycleways, walkways, green corridors and excellent connections to Auckland and the city centre. It is no surprise that it continues to enjoy the highest capital gain pa in a very fast-growing city; 2 Inland Ports under construction, adventure park, proposed new Medical School at the University of Waikato, an Airport and recent investment of $1b Housing Infrastructure Fund. Hamilton is also the new home of the NZ Sevens World Series. With a population of 165,400, and gross domestic production of $7.8b pa astute purchasers will recognize an excellent opportunity in a city that has seen exponential building growth in the last 2 years. The new Hamilton Invest Portal link provides more information; http://hamiltoninvest.co.nz/resources

Agent Details

Cathy O'Shea
Cathy O'Shea
W 07 854 9961
M 021 266 3823
Sue Hall
Sue Hall
W 07 839 4787
H 07 839 4787
M 021 745 465
Chas Farrant
Chas Farrant
W 07 854 9961
M 027 553 8811
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