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3 Gary John Lane, Frankton, Hamilton, 3 Bedrooms, 1 Bathrooms, Unit

3 Gary John Lane, Frankton, Hamilton

3
1
120m2

Located at 3 Gary John Lane, Frankton, Hamilton, this residential property features 3 bedrooms, 1 bathroom, and 1 carpark, covering a floor area of 120 square meters. Built in 2005 with mixed materials for walls and tiles for the roof, both in good condition, it sits on a level contour under a Unit Title ownership. This charming two-level townhouse, perfect for couples or as an investment, is well-presented with a strong body corporate ensuring the protection and management of your investment.

From a capital value of $405,000 in September 2018 to $600,000 in September 2021, the property has seen a capital value increase of 48.15%. The latest sale recorded was $544,500 on January 8, 2024, with a HouGarden AVM of $572,500. Initially sold for $273,000 on February 8, 2006, it demonstrates significant growth and investment potential, with a current rental appraisal of $580.00 to $630.00 per week.

The property is zoned for Hamilton's Fraser High School (Secondary, decile 4), Maeroa Intermediate (Intermediate, decile 3), and Frankton School (Contributing, decile 3), offering a range of educational opportunities for families. This location combines convenience with the potential for a quality lifestyle and educational benefits.

Updated on April 06, 2024.

Council Data

Last update : 2025 03 05
Improvement value$270,000Increased by 45% from year 2018
Land value$330,000Increased by 50% from year 2018
CV(Year 2021 Month 09)$600,000Increased by 48% from year 2018
View typeNo appreciable view
ContourLevel
Floor area120m²
Decade of construction2005
Title194261
Type of titleUnit Title
Legal descriptionUNIT 8 DP 347263
CouncilHamilton
Estate descriptionSTFH,1/1,UNIT 8 DEPOSITED PLAN 347263
ConstructionExternal Walls: Mixed Materials
Roof: Tiles
ConditionExternal Walls: Good
Roof: Good
ZoningResidential Zone - Residential Intensification Zone

Similar Properties

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Frankton School
0.53 km
Primary
1-6
Government
Co-Educational
EQI: 498
3
Fraser High School
1.53 km
Secondary
9-15
Government
Co-Educational
EQI: 509
4
Maeroa Intermediate
1.97 km
Secondary
7-8
Government
Co-Educational
EQI: 492
3

Property history

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For developers

Unitary plan:Residential Zone - Residential Intensification Zone
Land:-
Title:Unit Title

Surrounding facilities

Gary John Lane Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
5/12 Blackburn Street, Frankton
0.09 km
3
2
119m2
Year 2025 Month 02 Day 14
$610,000
Council approved
166A Killarney Road, Frankton
0.10 km
2
1
81m2
Year 2024 Month 11 Day 14
$450,000
Council approved
1/5 Primrose Street, Frankton
0.12 km
2
1
88m2
Year 2024 Month 10 Day 25
$512,500
Council approved
155C Killarney Road, Frankton
0.02 km
2
1
72m2
Year 2024 Month 10 Day 22
$495,000
Council approved
7 Blackburn Street, Frankton
0.09 km
4
131m2
Year 2024 Month 09 Day 14
$600,000
Council approved

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