139a Avalon Drive, Nawton, Hamilton

This attractively presented 3-bedroom, 1-bathroom dwelling on a freehold title at 139a Avalon Drive, Nawton, Hamilton, is a gem for potential homeowners and investors alike. Constructed in 1960 with wood walls and an iron roof, both in average condition, this residential property offers a floor area of 102sqm and is set on a levelled 547sqm section. It boasts a separate laundry, gas hot water, and a spacious single-car garage. The capital value has seen a remarkable increase of 65.79% from $380,000 in 2018 to $630,000 in 2021. The HouGarden AVM estimates the property at $612,500, while the latest sales were recorded at $660,000 in 2021 and $299,000 in 2015. This home, priced at $589,000, is not only a cozy haven with a separate lounge but also a compliant healthy home with ample parking and a fully fenced backyard, ideal for pets.

From a valuation perspective, the property's rapid CV growth is a testament to its investment potential. The recent sale history and AVM provide a solid benchmark for the property's worth in the current market.

For families with school-aged children, Hamilton's Fraser High School, a secondary school with a decile rating of 4, is in the zone. This adds to the appeal of the property, making it an attractive option for those seeking a quality education for their children in a convenient location.

Updated on August 21, 2024