Nestled in the serene cul-de-sac of Kahikatea Drive, this charming 1976-built residence boasts 3 bedrooms, 1 bathroom, and 2 car parks. The 86sqm floor area is complemented by a spacious 633sqm freehold section, ideal for a growing family. The property features fibrous cement walls in good condition and an iron roof, also well-maintained. Historically, the capital value has seen a significant increase from $390,000 in 2018 to $670,000 in 2021, reflecting a growth rate of 71.79%. The latest HouGarden AVM estimates the property's worth at $650,000, while the last sale was recorded in 2001 for $112,000.
With a CV increase that outpaces the market average, this property is not just a home but a sound investment. The location is further enhanced by its proximity to Hamilton's Fraser High School, a secondary school with a decile rating of 4, and Koromatua School, a full primary school with a decile rating of 6. The residence, with its fresh interior paint, new curtains, and modernised bathroom, is ready for a new owner to move in and enjoy the benefits of a established neighborhood with easy access to amenities and motorways.
Set in a family-friendly environment, the property offers a vegetable garden, space for outdoor activities, and ample off-street parking. It's an opportunity not to be missed, combining the advantages of a quiet lifestyle with the convenience of urban services nearby, including the Dinsdale Shopping Centre, medical facilities, and the popular Lola Breakfast Bar and Café.
Updated on July 23, 2024