Located at 52b Berkley Avenue, Hillcrest, Hamilton, this residential property offers a unique home & income opportunity. The house, built in 1960, features three bedrooms, two living areas, and comes with two car parks. Covering a floor area of 110 square meters, it is constructed with brick walls and tile roofing, both in good condition. The property is on a level contour and holds a Cross-Lease title. It has been immaculately renovated, boasting new carpets, drapes, kitchen, and bathrooms. Each living area is equipped with a modern heat pump, making it turnkey ready. Situated in a quiet cul-de-sac, it is within walking distance to Hillcrest's most sought-after amenities including schools, shops, cafes, parks, and the Waikato University.
Over the past few years, the property has seen a significant increase in capital value, from $415,000 in September 2018 to $750,000 in September 2021, marking an 80.72% increase. The latest HouGarden AVM estimates its value at $720,000. It has a recent sale history, with transactions in November 2021 for $660,000 and December 2023 for $745,000. This property not only serves as a very profitable Air BnB but also offers various living arrangements such as a home with an income, a home and office, or a family home.
The property is zoned for several reputable schools, including Marian Catholic School (Hamilton) and Hillcrest High School, both with a decile rating of 7, Berkley Normal Middle School, and Hillcrest Normal School, each with a decile rating of 8. This makes it an ideal location for families looking for quality education options.
Updated on April 06, 2024.
Name | Distance | 类型 | Year | 属性 | Gender | Score | Decile | |
|---|---|---|---|---|---|---|---|---|
Berkley Normal Middle School | 0.33 km | Combined | 7-10 | Government | Co-Educational | EQI: 423 | 8 | |
Hillcrest Normal School | 0.79 km | Primary | 1-6 | Government | Co-Educational | EQI: 401 | 8 | |
Hillcrest High School | 1.36 km | Secondary | 9-15 | Government | Co-Educational | EQI: 448 | 7 | |
Marian Catholic School (Hamilton) | 3.35 km | Primary | 1-8 | Government | Co-Educational | EQI: 400 | 7 |
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.20 km | 4 | 2 | -m2 | 2024年03月27日 | $850,000 | Council approved | |
 | 0.36 km | 4 | 2 | 216m2 | 2024年02月22日 | $925,000 | Council approved | |
 | 0.13 km | 3 | 1 | 90m2 | 2023年12月21日 | $590,000 | Council approved | |
 | 0.14 km | 3 | 2 | 180m2 | 2023年12月07日 | $1,020,000 | Council approved | |
 | 0.34 km | 3 | 197m2 | 2023年11月15日 | $926,000 | Council approved |