Nestled in the serene Korako Lane of Baverstock, Hamilton, this 536 sqm freehold property is a residential bare block with immense potential. The recently completed home, built in 2024, spans 180 sqm and boasts three bedrooms, one bathroom, and a modern open-plan living space. Its unknown wall and roof construction adds a layer of mystery to the property's allure. With a Capital Value (CV) of $530,000 as of September 2021, the property has seen a significant increase, reflected in the latest sale of $977,000 on November 4, 2024. The HouGarden AVM estimates the property's value at $485,000, a testament to its investment appeal. The property's location in a family-friendly cul-de-sac is complemented by its proximity to highly rated schools and the convenience of nearby amenities.
History shows a rapid CV growth, with the latest sale figures showing a remarkable increase from the previous sale of $347,826 on November 14, 2023. This surge in capital value highlights the property's desirability and investment potential in a thriving real estate market.
For families with children, the property falls within a sought-after school zone. The nearby schools boast high decile ratings, ensuring quality education for the kids. This, coupled with the property's spacious layout and a cozy family room, makes it an ideal choice for those seeking a balanced lifestyle that combines comfort, convenience, and educational excellence.
Updated on December 18, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.32 km | 4 | 191m2 | Year 2024 Month 11 Day 17 | $1,135,000 | Council approved | ||
0.28 km | 1 | 0m2 | Year 2024 Month 10 Day 04 | $950,000 | Council approved | |||
 | 0.34 km | 3 | 134m2 | Year 2024 Month 09 Day 02 | $675,000 | Council approved | ||
 | 0.23 km | 3 | 183m2 | Year 2024 Month 08 Day 14 | $1,020,000 | Council approved | ||
0.26 km | 1 | 0m2 | Year 2024 Month 07 Day 29 | $1,040,000 | Council approved |