Located at 1 Byron Road, Enderley, Hamilton, this residential dwelling is the epitome of an attractive and affordable first home or an excellent investment opportunity. Built in 1986, the property features three bedrooms, one bathroom, and no car parking spaces, covering a floor area of 78 square meters on a level contour land. The cross-lease title comes with a fibrous cement wall construction in fair condition and an iron roof in average condition. The exterior has been recently painted, reducing future maintenance needs. Additionally, a new medical care facility is being built within walking distance, enhancing the property's appeal.
Over the past few years, the capital value of this property has seen a significant increase from $300,000 in September 2018 to $510,000 in September 2021, marking a 70% growth. The HouGarden AVM estimates the property's value at $490,000. The latest sale occurred on January 25, 2024, for $463,000, following a previous sale on October 17, 2018, for $290,000. This property is currently tenanted at $475 per week, with the tenants set to move out at the end of this month. The Hamilton City Council Rates are $1,991.57, and the Waikato Regional Rates are $402.11.
The property falls within the school zones of Fairfield Intermediate and Peachgrove Intermediate, both with a decile rating of 5, and Fairfield Primary School and Insoll Avenue School, each with a decile rating of 1. This makes it an ideal choice for families seeking quality education options.
Updated on April 05, 2024.