Nestled in the heart of Frankton, this charming 3-bedroom, 1-bathroom residence with a single carpark is a perfect blend of comfort and potential. Constructed in 1987 with a robust iron roof and fibrous cement walls in good condition, this cross-lease property is set on a level contour. The inviting interior boasts an open-plan living area drenched in natural light, with a cozy heat pump and a north-facing deck ideal for relaxation. The property has seen a significant Capital Value increase of 55.29% from $425,000 in 2018 to $660,000 in 2021. The HouGarden AVM estimates the property at $612,500, while the latest sales were at $409,000 in 2017 and $339,000 in 2016. Educationally, the property falls within the zones of Fraser High School (Decile 4), Maeroa Intermediate (Decile 3), and Frankton School (Decile 3), ensuring quality education for the family.
With its prime location, close to dining options, Waikato Hospital, Hamilton Lake, and the CBD, as well as convenient access to State Highway 1 and the Wairere Expressway, this property offers both lifestyle convenience and investment potential. Whether you're a first-time buyer or a seasoned investor, this property is a canvas for your dreams, ready for you to leave your mark.
Act now to secure this reduced-price gem in a sought-after area with excellent school options.
Updated on May 06, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.10 km | 2 | 1 | 88m2 | Year 2024 Month 05 Day 07 | $460,000 | Council approved | |
 | 0.50 km | 3 | 1 | -m2 | Year 2024 Month 04 Day 19 | $577,000 | Council approved | |
 | 0.42 km | 2 | 1 | -m2 | Year 2024 Month 04 Day 03 | $450,000 | Council approved | |
 | 0.38 km | 3 | 1 | -m2 | Year 2024 Month 03 Day 15 | $665,000 | Council approved | |
 | 0.32 km | 3 | 1 | 141m2 | Year 2024 Month 03 Day 02 | $732,000 | Council approved |