48 Mears Road, Saint Andrews, Hamilton

Nestled in the serene St Andrews neighborhood, this charming residence presents a golden opportunity for families and investors alike. Constructed in 1969 with a robust fibrous cement exterior and a reliable iron roof, this freehold property sits on a level contour with a spacious floor area of 92 square meters and a generous land area of 670 square meters. The home boasts 3 comfortable bedrooms, 1 bathroom, and a carpark, ideal for a growing family. Notably, the capital value has seen a remarkable increase of 70.12% from $470,000 in 2018 to $800,000 in 2021, while the HouGarden AVM estimates it at $805,000. The latest sales history shows a property appreciating in value, from $120,000 in 1995 to $257,000 in 2006.

With a decile rating of 5, the nearby Pukete School offers quality education for young learners, while Hamilton's Fraser High School, rated at a decile of 4, caters to secondary students. The property's location in a sought-after school zone adds significant value for families with educational priorities. The home's open plan living, sunny concrete deck, and multi-functional garage are perfect for modern living and entertainment, while the expansive lawn, backing onto Waiwherowhero Park, provides a serene escape and potential for further development.

For those seeking a home in a tranquil yet convenient setting, with the promise of further value appreciation and excellent school options, this property on Mears Road is a must-consider. It's a home that not only holds the warmth of memories but also the potential for a bright future.

Updated on September 24, 2024