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5/5 Borman Road, Huntington, Hamilton, 2 Bedrooms, 1 Bathrooms, House

Sold: $545,000

Sold on 2024 Year 2024 Month 09 Day 27

5/5 Borman Road, Huntington, Hamilton

2
1
87m2

Nestled in the sought-after suburb of Huntington, this 2-bedroom, 1-bathroom unit with a single carpark presents an ideal investment opportunity. Constructed in 2021 with a mix of materials for the walls and iron for the roof, this unit is designed for low-maintenance living. The property, held under a Unit Title, boasts a floor area of 87 square meters and is situated in a prime, level contour cul-de-sac. The capital value has shown a significant increase from $500,000 in September 2018 to $700,000 in September 2021, reflecting a growth of 40%. The heat pump ensures year-round comfort, while the outdoor entertainment area invites relaxation with views over the neighborhood.

From a valuation perspective, the property is estimated at $705,000 by HouGarden AVM, with the latest sales recorded at $529,000 in November 2020 and $499,000 in July 2020. This indicates a high demand for properties in the area. The government’s decile 10 rating for the nearby Rototuna schools, including the Senior High, Junior High, and Primary, further enhances the appeal of this property for families.

With its desirable address and easy-care lifestyle, this home is perfect for those seeking a stylish and secure base in the rapidly developing Huntington area. The combination of a modern open-plan living space, quality finishes, and a top-notch school network makes this property a smart beginning for any homeowner or investor.

Updated on September 27, 2024

Council Data

Last update : 2025 01 22
Improvement value$445,000Increased by 36% from year 2018
Land value$255,000Increased by 45% from year 2018
CV(Year 2021 Month 09)$700,000Increased by 40% from year 2018
DeckYes
View typeNo appreciable view
ContourLevel
Floor area87m²
Decade of construction2021
Title971458
Type of titleUnit Title
Legal descriptionUNT 3F AU 8,55 DP 556379 SHR 1/4 AU 5
CouncilHamilton
Estate descriptionSTFH,1/1,PRINCIPAL UNIT 3F AND ACCESSORY UNIT 8, 55 AND 1/4 SHARE OF ACCESSORY UNIT 5 DEPOSITED PLAN 556379
ConstructionExternal Walls: Mixed Materials
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningBusiness Zone - Business 6 Zone - Neighbourhood Centre

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Rototuna Primary School
1.29 km
Primary
1-6
Government
Co-Educational
EQI: 397
10
Rototuna Junior High School
1.41 km
Secondary
7-10
Government
Co-Educational
EQI: 428
10
Rototuna Senior High School
1.45 km
Secondary
11-15
Government
Co-Educational
EQI: 460
10

Property history

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For developers

Unitary plan:Business Zone - Business 6 Zone - Neighbourhood Centre
Land:-
Title:Unit Title

Surrounding facilities

Borman Road Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
0.13 km
2
1
67m2
Year 2024 Month 10 Day 31
$591,945
Council approved
19 Rocky Road, Huntington
0.18 km
2
2
-m2
Year 2024 Month 10 Day 09
$655,000
Council approved
6/148 Horsham Downs Road, Rototuna North
0.05 km
3
1
93m2
Year 2024 Month 09 Day 02
$550,000
Council approved
0.05 km
3
1
93m2
Year 2024 Month 08 Day 19
$550,000
Council approved
0.15 km
2
1
66m2
Year 2024 Month 08 Day 19
$540,000
Council approved

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