Welcome to 31 Irvine Street, Frankton, Hamilton, a charming three-bedroom, one-bathroom house with a single carpark, nestled on a generous 852sqm level section. This delightful property, built in 1960, features wooden walls and an iron roof, both in average condition, promising a cosy and inviting atmosphere. The floor area of 92sqm offers ample space, complemented by a partially fenced yard for privacy and security. Its freehold ownership ensures uncomplicated access for potential new construction or redevelopment opportunities.
Over the years, the capital value of this property has seen a remarkable increase, from $390,000 in September 2018 to $700,000 in September 2021, marking a 79.49% growth. The latest sale recorded in December 2021 was at $724,600, up from $250,000 in November 2013, reflecting the property's substantial value appreciation. The current HouGarden AVM estimates the property's value at $685,000, indicating its continued desirability in the market.
Education is well catered for, with the property falling within the zones for Hamilton's Fraser High School (Secondary, Year 9-15, decile 4) and Frankton School (Contributing, decile 3), ensuring a range of educational options for families. This residence is an excellent opportunity for first home buyers to secure a home in a sought-after location, close to schools, shops, and public transport.
Updated on March 22, 2024.