75 Avalon Drive, Nawton, Hamilton

Nestled on a level 657m2 freehold section at 75 Avalon Drive, Nawton, Hamilton, this 1960-built, 109m2 residential dwelling boasts 3 bedrooms, a single carpark, and is equipped with a heat pump for comfort. The brick exterior and iron roof are in average condition, providing a solid foundation for potential renovations. The property's capital value has seen a substantial increase of 75%, from $400,000 in 2018 to $700,000 in 2021, reflecting its growing investment potential.

With a HouGarden AVM of $670,000, the latest sale history shows a transaction at $615,000 in 2024, following a sale at $383,000 in 2016. These figures indicate a healthy appreciation in market value. The property is conveniently located, with easy access to Hamilton's CBD, The Base, Te Awa Shopping Centre, and the Waikato Expressway, making it an ideal choice for commuters.

For families with children, the property falls within the zones of Fraser High School (Decile 4), Nawton School (Decile 2), and Maeroa Intermediate (Decile 3), offering a range of educational options. This home, with its promising CV growth and sought-after school zones, presents an attractive opportunity for both first-home buyers and investors.

Updated on October 23, 2024