20 Rhonda Avenue, Deanwell, Hamilton

Nestled in a quiet cul-de-sac at 20 Rhonda Avenue, Deanwell, Hamilton, this freehold property is a charming residential home with income potential. Constructed in 1970 with fibrous cement walls and tiled roofing, the 3-bedroom, 1-bathroom house boasts a floor area of 150 square meters and is set on a levelled 612 square meter section. The property includes 3 car parks, a single garage, and a workshop, all complemented by a concreted driveway. The interior has been nicely redecorated with new carpets and polished timber flooring in the kitchen, while the bathroom has been updated. The property's capital value has seen a growth of 47.27% from $550,000 in September 2018 to $810,000 in September 2021, with a HouGarden AVM estimate of $805,000. The latest sales history includes a sale price of $855,000 in September 2024 and $525,000 in August 2020.

With a property contour that's level and a well-maintained condition of both walls and roof, this property presents a solid investment. The Deanwell School in the zone is a contributing primary with a decile rating of 3. This is an opportunity not to be missed, especially for first home buyers looking to settle in a desirable location with excellent growth potential.

Located in a sought-after school zone, this property is perfect for families. The Deanwell School's contributing status and a decile rating of 3 ensure quality education for children. The combination of a rapidly increasing capital value, a prime location, and a well-presented home makes this an ideal choice for those seeking both a comfortable living environment and a sound investment.

Updated on November 20, 2024