43a Te Aroha Street, Hamilton East, Hamilton

Nestled in the charming Hamilton East, at 43a Te Aroha Street, this residential dwelling on a cross-lease title boasts 2 bedrooms, 1 bathroom, and a single carpark. Constructed in 1984 with brick walls and an iron roof, the property presents an average condition both inside and out, sitting on a level contour. The interior, with its A-frame stud design, offers a light and airy open living space that streams with natural light, complemented by a leafy outlook and a sunny disposition. The master bedroom opens onto a deck, inviting the outdoors in.

As for the financials, the property's Capital Value (CV) has seen a significant increase from $395,000 in 2018 to $640,000 in 2021, reflecting a growth of 62.03%. The HouGarden AVM estimates the property at $622,500, with the latest sale recorded at $490,000 in June 2024. This is a property that holds promise for investors, families, and those looking to downsize, with the added benefit of a refrigerator/freezer, dryer, and a nearly new washing machine.

Educationally, the property falls within the zones of Peachgrove Intermediate (Decile 5), Marian Catholic School (Decile 7), Hamilton Boys' High School (Decile 7), Hamilton East School (Decile 4), and Hamilton Girls' High School (Decile 6). Hamilton East is a boutique suburb, popular for its proximity to these schools, the city center, cafes, restaurants, and recreational facilities like the river and Jubilee Park.

Updated on August 01, 2024