8 Pembroke Lane, Hamilton Lake, Hamilton

Nestled on a generous 509sqm corner site in the esteemed Hamilton Lake district, this 1921 brick beauty with an iron roof presents an exciting opportunity on a Freehold title. The 3-bedroom, 1-carpark bungalow boasts a floor area of 148sqm, fair condition walls and roof, and is set on an easy/moderate rise contour. This property, with its high stud heights, polished timber floors, and leadlight windows, is a prime candidate for renovation, offering a blend of period charm and modern potential. The CV has shown a remarkable growth of 52.94% from $510,000 in 2018 to $780,000 in 2021. The HouGarden AVM estimates the value at $725,000, while the latest sale in 2019 was for $530,000.

For investors and families alike, the property is a winner with its zoning for top-rated schools such as Marian Catholic School and Hamilton Boys'/Girls' High Schools, all within a decile range of 5 to 7. The location is second to none, with Hamilton Lake Domain, Waikato Hospital, and the inner CBD all within easy reach. This is not just a home; it's a blue-chip investment in a lifestyle of convenience and quality education.

Whether you seek to renovate or explore commercial potential, this property on Pembroke Lane is a golden opportunity that discerning buyers won't want to miss.

Updated on May 20, 2024