15a Herbert Road, Queenwood, Hamilton

Located in the prized Queenwood area, 15a Herbert Road is a beautifully refurbished dwelling that boasts a modern kitchen, open-plan dining/living room with raked ceilings for ample natural light, and a modern family bathroom servicing three bedrooms. This residential property, built in 1987 with fibrous cement walls and an iron roof, spans 80 square meters on a level cross-lease section. The property's condition is rated as average for both the walls and roof, making it an ideal home for first-time buyers, downsizers, and investors alike.

Over the past few years, the capital value of this property has seen a significant increase, from $460,000 in September 2018 to $720,000 in September 2021, marking a 56.52% growth. The latest sale records show transactions at $678,000 in January 2024 and $510,000 in May 2023, with a current HouGarden AVM estimate of $690,000. This demonstrates the property's solid investment potential and its appeal in the market.

Education is a cornerstone of the Queenwood area, with the property falling within the zones for Hukanui School (decile 10) and Fairfield Intermediate (decile 5), offering excellent schooling options for families. The location is also convenient for access to local amenities, including Chartwell Square, Hukanui Primary School, kindergartens, public transport, river cycle trails, the CBD, and the expressway, making it a highly desirable place to live.

Updated on April 05, 2024.