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Back 112/114 Forest Lake Road
Off Market

112/114 Forest Lake Road

Forest Lake Waikato

4
2
4
135 sq.
940 sq.
House
Last sold for $871,000
Richard HartlesRichard Hartles, last sold this property on 14 May 2025 after 43 days on market.

Overview

Dual Living

When it comes to residential real estate investing, the adage “location, location, location” holds true. This investment opportunity is ready-made with two great tenants wanting to stay and a central location determining its appreciation potential. Savvy buyers know that location is the most critical factor when it comes to investing, and your property in the heart of Forest Lake is in a key spot. Forest Lake Road connects effortlessly to main thoroughfares – Victoria Street, Te Rapa Road and Mangaharakeke Drive/SH 1C – making city and intercity commuting a breeze. The CBD is a short drive, Te Rapa commerce is moments away and The Base is a nearby. Everything is handy! Forest Lake is sought for its lifestyle convenience, recreational attractions, including amenities at Minogue Park, and proximity to sports stadiums, Te Rapa Racecourse, local schools and cafes. This investment simply makes sense. It’s tidy, strategically positioned and generates income from two dwellings. Each home has two bedrooms, a decent-sized kitchen and comfy lounge, a separate laundry, and bathroom. There is generous forecourt parking for each tenant and fenced backyards for both properties. Options include maintaining the status quo by keeping both reliable tenants on, living in one and renting the other, or using the property for multi-generational living or Airbnb. Diverse possibilities exist and with interest rates dropping, now’s the time to be in!

Features

4 bedrooms
2 bathrooms
4 carspaces
135 sq. floor area
940 sq. lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Forest Lake over the last 12 months, the estimated median property value of 112/114 Forest Lake Road is $758k.

Median value
$758k
Estimated value range
$680k - $875k
Median days on market
39
Estimated value trend
-10%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Forest Lake. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 112/114 Forest Lake Road

2025
Sold
$871,000
Sold by Set Date on 14 May 2025 by Richard Hartles, of Lugtons Real Estate - Hamilton

Happy sellers in Forest Lake

72%
72% of sellers in Forest Lake reported that their sale price either exceeded or met their price expectations.

Forest Lake stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 14 reviews in Forest Lake over the last 12 months.

Local market activity for 4 bedroom houses in Forest Lake

In the last 12 months, 8 four-bedroom houses similar to 112/114 Forest Lake Road, have been sold.

This represents a 33% decrease in four-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Forest Lake

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Blair Pointon

Sellers who recommend Blair Pointon have praised them for being clear communication, local expert, supportive, reliable, friendly, honest and hard-working

  •   5   (274 reviews)
  •  4 Reviews in Forest Lake
  •  1 Sale in Forest Lake
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Matt Scoble

Matt Scoble is a recommended agent for Forest Lake.  They have 2 local sales and collected 2 local reviews across the last 12 months.

  •   4.8   (12 reviews)
  •  2 Reviews in Forest Lake
  •  2 Sales in Forest Lake
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Richard Hartles

Sellers who recommend Richard Hartles have praised them for being clear communication, supportive, local expert, friendly, strategic, honest and dedicated

  •   5   (239 reviews)
  •  2 Reviews in Forest Lake
  •  2 Sales in Forest Lake
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Ray Mitchell

Sellers who recommend Ray Mitchell have praised them for being clear communication, local expert, supportive, honest, responsive, friendly and hard-working

  •   4.9   (128 reviews)
  •  2 Reviews in Forest Lake
  •  2 Sales in Forest Lake
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