Nestled at 26 Kakanui Avenue, Hillcrest, Hamilton, this charming freehold property boasts 3 bedrooms, 2 carparks, and a floor area of 138 square meters on a spacious 726 square meter section. Constructed in 1955 with solid brick walls and tiled roof, both in good condition, the residence is set on an elevated site with an easy/moderate rise contour, offering scenic views over Hamilton East. The open plan living area, featuring beautiful hardwood floors and large windows facing north, east, and west, creates a warm and inviting space to relax and enjoy life.
As for the property's financials, the capital value has seen a substantial increase from $590,000 in September 2018 to $860,000 in September 2021, reflecting a growth rate of 45.76%. The HouGarden AVM estimates the property's value at $825,000, while the latest sale history includes transactions at $385,000 in 2014 and $185,500 in 2001. Clearly, this is an opportunity not to be missed.
For families with school-aged children, this property is zoned for top-rated schools such as Peachgrove Intermediate (Decile 5), Marian Catholic School (Decile 7), Knighton Normal School (Decile 5), Hillcrest High School (Decile 7), and Berkley Normal Middle School (Decile 8). The combination of a desirable location, a well-maintained home, and the potential for further improvements makes this property an attractive prospect for both investors and homeowners.
Updated on April 22, 2024