Nestled on a generous 509sqm corner site in the esteemed Hamilton Lake district, this 1921 brick beauty with an iron roof presents an exciting opportunity on a Freehold title. The 3-bedroom, 1-carpark bungalow boasts a floor area of 148sqm, fair condition walls and roof, and is set on an easy/moderate rise contour. This property, with its high stud heights, polished timber floors, and leadlight windows, is a prime candidate for renovation, offering a blend of period charm and modern potential. The CV has shown a remarkable growth of 52.94% from $510,000 in 2018 to $780,000 in 2021. The HouGarden AVM estimates the value at $725,000, while the latest sale in 2019 was for $530,000.
For investors and families alike, the property is a winner with its zoning for top-rated schools such as Marian Catholic School and Hamilton Boys'/Girls' High Schools, all within a decile range of 5 to 7. The location is second to none, with Hamilton Lake Domain, Waikato Hospital, and the inner CBD all within easy reach. This is not just a home; it's a blue-chip investment in a lifestyle of convenience and quality education.
Whether you seek to renovate or explore commercial potential, this property on Pembroke Lane is a golden opportunity that discerning buyers won't want to miss.
Updated on May 20, 2024
Name | Distance | Type | Year | Attribute | Gender | Score | Decile | |
---|---|---|---|---|---|---|---|---|
Hamilton Girls' High School | 0.58 km | Secondary | 9-15 | Government | Single Sex-Girls | EQI: 462 | 6 | |
Hamilton West School | 0.64 km | Primary | 1-8 | Government | Co-Educational | EQI: 445 | 5 | |
Marian Catholic School (Hamilton) | 1.31 km | Primary | 1-8 | Government | Co-Educational | EQI: 400 | 7 | |
Hamilton Boys' High School | 1.58 km | Secondary | 9-15 | Government | Single Sex-Boys | EQI: 429 | 7 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
---|---|---|---|---|---|---|---|---|
0.25 km | 2 | 2 | 230m2 | Year 2024 Month 05 Day 08 | $1,610,000 | Council approved | ||
0.07 km | 3 | 2 | 120m2 | Year 2024 Month 03 Day 08 | $779,000 | Council approved | ||
0.08 km | 3 | 125m2 | Year 2024 Month 03 Day 04 | $765,000 | Council approved | |||
0.19 km | 3 | 2 | 132m2 | Year 2024 Month 02 Day 27 | $716,900 | Council approved | ||
0.24 km | 3 | 3 | 123m2 | Year 2024 Month 01 Day 09 | $755,000 | Council approved |