4/54 Insoll Avenue, Enderley, Hamilton

Nestled in the serene cul-de-sac of Insoll Avenue, Enderley, Hamilton, this 2-bedroom, 1-bathroom residential unit with a single car park is a prime example of modern living. Constructed with wood exterior walls and tile roofing, this 86sqm floor area on a 206sqm freehold section is just 2023 years young, boasting good wall and roof conditions. The property, valued at $620,000 as per the latest government valuation, is priced sharp at $599,000, reflecting the developer's clear intention to sell quickly, with only one unit remaining from the original four. The home is designed to maximize natural light and sun, featuring a high stud height and a supersmart floorplan that includes two large bedrooms, a luxurious family bathroom, and a discrete work-from-home office space. The living area seamlessly transitions to a designer kitchen with Bosch appliances and engineered stone benchtops, flowing out to a private backyard, perfect for children, pets, and a raised vegetable garden. Notably, the property is within the zones of Fairfield Intermediate (Decile 5) and Insoll Avenue School (Decile 1), and with a HouGarden AVM of $577,500, it presents a 5.4% increase in capital value since the last sale, making it an attractive opportunity for both first-home buyers and investors, with a rental appraisal of $550 per week.

Since the previous sale, the capital value has shown a promising growth trend, with a significant increase of 5.4%. The property's AVM from HouGarden adds further credibility to its value, standing at $577,500. This, coupled with the strong rental appraisal, highlights the investment potential of this property. The recent sales history and the developer's urgency to clear the last unit speak volumes about the demand for such properties in this location.

For families with school-aged children, the property falls within the sought-after school zones of Fairfield Intermediate and Insoll Avenue School, both known for their academic excellence and community engagement. This adds an extra layer of appeal to an already attractive property, making it a sound investment for those looking to secure a piece of real estate in a prime educational area.

Updated on June 13, 2024