Nestled in the esteemed Hamilton East, this charming 2-bedroom, 1-bathroom residence on 141 Cobham Drive is a rare freehold opportunity. Constructed in 1940 with wood walls and tiled roofing, this home sits on a level 422sqm section with an average wall and roof condition. It boasts a floor area of 77sqm, a single carpark, and a heat pump for year-round comfort. The property has seen a significant Capital Value increase of 47.5% from $400,000 in 2018 to $590,000 in 2021. The latest sale was recorded at $590,000 in 2021, and the HouGarden AVM estimates it at $562,500.
For families, the property is in a highly sought-after school zone, including Peachgrove Intermediate (Decile 5), Marian Catholic School (Decile 7), Hamilton East School (Decile 4), and Hillcrest High School (Decile 7), among others. The master bedroom features a walk-in robe, and the second bedroom overlooks the entertainment deck and fenced yard, perfect for outdoor relaxation or gatherings. The renovated kitchen adds a modern touch to this cozy home, which is not only close to local amenities like MADE and Duck Island but also to the picturesque Hamilton Gardens.
With such a promising CV growth and being in a prime school zone, this property presents an attractive investment for first home buyers or those seeking a sound rental opportunity in a desirable location.
Updated on May 02, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.09 km | 3 | 1 | 100m2 | Year 2024 Month 12 Day 10 | - | Council approved | |
 | 0.24 km | 4 | 153m2 | Year 2024 Month 10 Day 16 | $1,255,000 | Council approved | ||
 | 0.25 km | 4 | 141m2 | Year 2024 Month 09 Day 12 | $780,500 | Council approved | ||
 | 0.43 km | 3 | 1 | 110m2 | Year 2024 Month 08 Day 15 | $740,000 | Council approved | |
 | 0.39 km | 2 | 1 | 100m2 | Year 2024 Month 08 Day 05 | $615,000 | Council approved |