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Sold: $684,000

Sold on 2024 Year 2024 Month 06 Day 17

1/5 Vesty Avenue, Hillcrest, Hamilton

2
1
67m2

Nestled at 1/5 Vesty Avenue in the serene Hillcrest neighborhood of Hamilton, this residential property is vacant and primed for development. It is governed by a Unit Title, providing a unique ownership structure. The specifics of the exterior walls and roof construction are yet to be determined, but the land itself is level, offering a solid foundation for any future architectural plans. With no specified number of bedrooms, bathrooms, or carparks, this property presents a clean slate for potential investors to visualize their dream project.

As per the valuation records, the property's Capital Value as of September 2021 stood at $290,000. The HouGarden AVM estimates it at $285,000, making it an attractive prospect with a recent sale history on June 17, 2024, at $684,000. This marks a significant increase in capital value, demonstrating the potential for growth in this locale.

For families with educational considerations, the property falls within a school zone with promising decile ratings. While specific school details are not provided, the zone is known for its quality educational institutions, adding further value to this investment opportunity.

Updated on August 07, 2024

Council Data

Last update : 2025 02 05
Improvement value$380,000
Land value$290,000
CV(Year 2021 Month 09)$670,000
View typeNo appreciable view
ContourLevel
Floor area67m²
Decade of construction2024
Title1169391
Type of titleUnit Title
Legal descriptionUNT B1 AU 36 DP 600516 SHR 1/5
CouncilHamilton
Estate descriptionSTFH,1/1,PRINCIPAL UNIT B1 DEPOSITED PLAN 600516 AND 1/5 SHARE OF ACCESSORY UNIT 36 DEPOSITED PLAN 600516
ConstructionExternal Walls: Mixed Materials
Roof: Iron
ConditionExternal Walls: Good
Roof: Good

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
St John's College (Hillcrest)
0.28 km
Secondary
9-15
Government
Single Sex-Boys
EQI: 429
7
TKKM o Toku Mapihi Maurea
0.41 km
Primary
1-8
Government
Co-Educational
EQI: 447
5
Hillcrest High School
0.56 km
Secondary
9-15
Government
Co-Educational
EQI: 448
7
Silverdale Normal School
0.79 km
Primary
1-6
Government
Co-Educational
EQI: 471
4
Knighton Normal School
0.96 km
Primary
1-6
Government
Co-Educational
EQI: 474
5
Hillcrest Normal School
1.13 km
Primary
1-6
Government
Co-Educational
EQI: 401
8
Peachgrove Intermediate
2.05 km
Secondary
7-8
Government
Co-Educational
EQI: 488
5
Tai Wananga
2.17 km
Secondary
9-15
Government
Co-Educational
EQI: 509
4
Sacred Heart Girls' College (Ham)
2.23 km
Secondary
9-15
Government
Single Sex-Girls
EQI: 428
7
Marian Catholic School (Hamilton)
2.25 km
Primary
1-8
Government
Co-Educational
EQI: 400
7

Property history

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For developers

Unitary plan:-
Land:-
Title:Unit Title

Surrounding facilities

Vesty Avenue Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
0.01 km
3
102m2
Year 2024 Month 10 Day 04
$759,000
Council approved
0.01 km
2
1
71m2
Year 2024 Month 09 Day 25
$689,000
Council approved
0.01 km
2
1
67m2
Year 2024 Month 09 Day 15
$689,000
Council approved
6/3 Vesty Avenue, Hillcrest
0.01 km
2
1
71m2
Year 2024 Month 08 Day 29
$689,000
Council approved
0.01 km
2
1
67m2
Year 2024 Month 08 Day 27
$689,000
Council approved

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