1/29 May Street, Hamilton East, Hamilton

Nestled in the vibrant Hamilton East, at 1/29 May Street, this residential ownership home unit boasts a modern design with a capital value that has seen a staggering increase of 51.49% from $505,000 in 2018 to $765,000 in 2021. Constructed in 2021 with iron roofing and wooden walls in good condition, this property offers an easy/moderate rise contour and a peaceful environment in a unit titled complex. The interior spans a floor area of 136 square meters, featuring four bedrooms, and is complemented by a single car park. The property, located in a quiet cul-de-sac, is an ideal investment with a HouGarden AVM of $745,000 and a recent sales history of $649,000 in December 2020 and $659,000 in September 2020.

With a CV increase that outpaces the market, this property is not just a home but a sound financial decision. The government valuations reflect a growing desirability in the area, making it an attractive prospect for potential buyers.

For families with school-aged children, the property falls within the zones of Peachgrove Intermediate (Decile 5), Marian Catholic School (Hamilton) (Decile 7), Hamilton Boys' High School (Decile 7), Knighton Normal School (Decile 5), and Hamilton Girls' High School (Decile 6), ensuring access to quality education.

Updated on August 15, 2024