Nestled in the serene Hamilton East, this 3-bedroom, 1-carpark property at 6/18 May Street is an exemplar of modern living. Constructed with mixed materials for the walls and iron for the roof, this unit title property is only a few years old, built in 2023, and is in a good condition both inside and out. The property sits on a level contour, offering a floor area of 105 square meters, and is a prime example of a residential ownership home unit.
With a capital value of $760,000 as of September 2021, the property has shown a promising growth trend. The HouGarden AVM estimates it at $740,000, and considering the recent sale history, the capital value increase percentage is significant. This is further supported by a rental return of $810 per week, with the owner contributing $285 per month for power and internet.
For families with school-aged children, the property falls within the catchment area of several esteemed schools. Peachgrove Intermediate has a decile rating of 5, Marian Catholic School a rating of 7, Hamilton Boys' High School and Hamilton Girls' High School both at 7, and Knighton Normal School at 5. These schools offer a comprehensive education from primary to secondary levels.
Updated on August 13, 2024