Nestled in the serene cul-de-sac of Cumberland Drive, Flagstaff, Hamilton, this freehold property is a gem in a prime location. Constructed in 2020 with mixed materials for the walls and iron for the roof, the dwelling boasts 5 spacious bedrooms, 2 carparks, and a generous floor area of 275 square meters on a land area of 718 square meters. The property enjoys an easy/moderate rise contour, and both the walls and roof are in good condition.
As per the government's valuation, the capital value has seen a significant increase from $960,000 in September 2018 to $1,450,000 in September 2021, reflecting a growth of 51.04%. The HouGarden AVM estimates the property's value at $1,347,500. With a history of recent sales and such a rapid CV increase, this property is a sound investment.
For families with school-aged children, this property falls within the zones of highly rated schools. Rototuna Senior High School (Year 11-13) and Rototuna Junior High School (Year 7-8) both have a decile rating of 10, while Fairfield Intermediate and Te Ao Marama School are also in the top decile. Te Rapa School, a full primary, holds a decile rating of 7. This is an opportunity not to be missed, in a location that values education and convenience.
Updated on July 04, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.12 km | 5 | 2 | -m2 | Year 2024 Month 11 Day 07 | $1,425,000 | Council approved | |
 | 0.23 km | 5 | 3 | 256m2 | Year 2024 Month 10 Day 23 | $1,305,000 | Council approved | |
 | 0.17 km | 4 | 2 | -m2 | Year 2024 Month 10 Day 22 | $1,060,000 | Council approved | |
 | 0.21 km | 4 | 209m2 | Year 2024 Month 10 Day 09 | $1,190,000 | Council approved | ||
 | 0.14 km | 2 | 109m2 | Year 2024 Month 09 Day 08 | $683,000 | Council approved |