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

Sold: $522,000

Sold on 2024 Year 2024 Month 06 Day 06

7 Gary John Lane, Frankton, Hamilton

3
1
120m2

Nestled at 7 Gary John Lane, Frankton, Hamilton, this residential ownership home unit boasts a modern design with 3 bedrooms, 1 bathroom, and a single carpark. Constructed in 2006 with mixed materials for the walls and tiles for the roof, this property presents a good wall and roof condition. The 120sqm floor area provides a spacious and comfortable living environment, further enhanced by the presence of a second toilet downstairs. This unit title property is situated on a level contour, ensuring ease of access and a pleasant outlook.

As per the latest government valuation in September 2021, the capital value has surged to $600,000, marking a significant increase of 48.15% from the 2018 valuation of $405,000. The HouGarden AVM estimates the property at $582,500, while the latest sale history shows transactions at $522,000 in June 2024 and $262,000 in February 2015. With a 6% return potential, this property presents an opportunity not to be missed.

For families with school-aged children, the property falls within the zones of Hamilton's Fraser High School (Secondary, Decile 4), Maeroa Intermediate (Intermediate, Decile 3), and Frankton School (Contributing, Decile 3), ensuring access to quality education.

Updated on August 01, 2024

Council Data

Last update : 2025 01 29
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 construction2006
Title194259
Type of titleUnit Title
Legal descriptionUNIT 6 DP 347263
CouncilHamilton
Estate descriptionSTFH,1/1,UNIT 6 DEPOSITED PLAN 347263
ConstructionExternal Walls: Mixed Materials
Roof: Tiles
ConditionExternal Walls: Good
Roof: Good
ZoningResidential Zone - Residential Intensification Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Frankton School
0.54 km
Primary
1-6
Government
Co-Educational
EQI: 498
3
Fraser High School
1.54 km
Secondary
9-15
Government
Co-Educational
EQI: 509
4
Maeroa Intermediate
1.99 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
166A Killarney Road, Frankton
0.12 km
2
1
-m2
Year 2024 Month 11 Day 14
$450,000
Council approved
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2
1
-m2
Year 2024 Month 10 Day 25
$512,500
Council approved
155C Killarney Road, Frankton
0.14 km
2
1
72m2
Year 2024 Month 10 Day 22
$495,000
Council approved
22e Sayer Street, Frankton
0.12 km
2
1
100m2
Year 2024 Month 09 Day 23
$499,000
Council approved
7 Blackburn Street, Frankton
0.10 km
4
131m2
Year 2024 Month 09 Day 14
$600,000
Council approved

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