Nestled in the serene locale of 48 Kowhai Street, Hamilton Lake, Hamilton, this charming three-bedroom Lockwood style home presents a perfect blend of comfort and convenience. With its timber deck and an ensuite that adds a touch of luxury, the property also features modern amenities such as a heat pump, gas fire, alarm system, and dishwasher. The detached double garage ensures ample parking space. Built in 1974, the dwelling spans a floor area of 93m² on a generous 708m² freehold land. The wood construction and tile roof, both in average condition, encapsulate the home's classic charm, while the level property contour underscores its accessibility. Situated close to the Lake and Hospital, and with a strict no dogs policy, this residence promises a tranquil living experience.
The property has witnessed a significant appreciation in value, with the capital value escalating from $580,000 in September 2018 to $780,000 in September 2021, marking a 34.48% increase. This growth trajectory is complemented by a HouGarden AVM estimate of $750,000. The latest sale recorded on February 5, 2024, was at $702,500, a substantial rise from the $317,000 sale on July 11, 2011, reflecting the property's escalating market appeal.
Education is well catered for with the property falling within the zone of Hamilton West School, a full primary institution boasting a decile rating of 5. This ensures a solid educational foundation in a supportive and well-regarded local school environment.
Updated on April 05, 2024.