Located at 13 Wye Street, Frankton, Hamilton, this charming residential dwelling boasts a rich history dating back to 1920. With its wood construction and tile roof, the property has maintained its original allure, featuring an average condition for both wall and roof. This cross-lease property spans 147 square meters of floor area on a level contour land, offering four bedrooms, a spacious living area with high-stud ceilings, and a majestic fireplace in the master bedroom. Despite lacking a designated carpark and land area, its appeal is undeniable, especially with its low maintenance section and proximity to key amenities.
Over the years, the capital value of this property has seen a significant increase, from $455,000 in September 2018 to $700,000 in September 2021, marking a 53.85% growth. The latest sale on January 18, 2024, was at $584,000, slightly below the HouGarden AVM of $670,000, indicating a potential for further value addition. This property's history and potential make it an attractive investment, especially for those looking to renovate and capitalize on its character and location.
Education is well catered for, with the property zoned for Hamilton's Fraser High School (decile 4), Maeroa Intermediate (decile 3), and Whitiora School (decile 3), covering all levels of schooling from primary to secondary. This makes it an ideal home for families seeking quality education options within a close-knit community.
Updated on April 05, 2024.