11/241 Killarney Road, Frankton, Hamilton

Located at 11/241 Killarney Road, Frankton, Hamilton, this residential unit offers a unique living experience for those aged 45 and over. Built in 2005, the property features two spacious double bedrooms, one bathroom, and a single carpark, with a total floor area of 100 square meters. The unit, part of a village-style gated community, boasts mixed materials for its walls and tile roofing, both in good condition. The level contour of the property and its unit title ownership make it a desirable choice for owner-occupiers seeking a peaceful and well-maintained home.

The capital value of this property has seen a significant increase, from $400,000 in September 2018 to $600,000 in September 2021, marking a 50% growth. The latest HouGarden AVM estimates its value at $587,500. Historical sales data reveals a steady appreciation in value, with sales recorded at $249,000 in September 2006 and $295,000 in October 2015. This trend underscores the property's excellent investment potential and its appeal in the current market.

Education is conveniently covered with nearby schools including Hamilton's Fraser High School, a secondary school with a decile rating of 4, and Maeroa Intermediate, an intermediate school with a decile rating of 3. The property's location ensures easy access to educational facilities, enhancing its attractiveness to families and providing a solid foundation for students.

Updated on March 22, 2024.