Presented here, is the rare opportunity to have the best of both worlds. This potential-packed property is on a generous 1.75 acre (approximately) parcel of land, tucked away in the heart of town, only minutes drive from Hamilton's CBD.
The property has great subdivision potential (STCA), as well as the bonus of a tidy two bedroom cottage to live in or to rent out for some extra income.
While the property is located within close proximity to schools, sporting facilities and the town centre, the land at the home's rear is like a private retreat, with an abundance of established trees and a park like feel.
The weatherboard cottage contains two bedrooms, a living room with French doors to a rear courtyard, a kitchen/meals area with split system and a bathroom/laundry with shower over bath, vanity and separate toilet. It has polished floorboards throughout, along with plenty of charm. Behind the cottage is a private courtyard containing a separate lined bungalow with power and water.
External features include a 6x4m Colorbond shed with concrete floor, a garden shed and water tanks.
Land opportunities like this one are limited in town, so don't let this one slip you by!
The size of Hamilton is approximately 199.5 square kilometres. It has 28 parks covering nearly 3.2% of total area. The population of Hamilton in 2011 was 10,103 people. By 2016 the population was 9,981 showing a population decline of 1.2% in the area during that time. The predominant age group in Hamilton is 50-59 years. Households in Hamilton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Hamilton work in a professional occupation. In 2011, 71.2% of the homes in Hamilton were owner-occupied compared with 71.3% in 2016.
Hamilton has 6,348 properties. Over the last 5 years, Houses in Hamilton have seen a 66.89% increase in median value, while Units have seen a 48.82% increase. As at 31 October 2024:
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