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1/5 Mahana Road, Saint Andrews, Hamilton, 2 Bedrooms, 1 Bathrooms, House

Sold: $625,000

Sold on 2024 Year 2024 Month 12 Day 11

1/5 Mahana Road, Saint Andrews, Hamilton

2
1
86m2
229m2

Nestled in the serene St Andrews of Hamilton, this 2-bedroom, 1-bathroom residence with a single carpark is a gem on a freehold title. Constructed with robust bricks and quality tiles, the 86m2 floor area is complemented by a sprawling 229m2 land, all in a level contour. The property, built in 2018 and well-maintained, boasts an open-plan living space and is equipped with a heat pump for comfort. The government's capital value has seen a remarkable increase of 65.22% from $460,000 in 2018 to $760,000 in 2021, while the HouGarden AVM estimates it at $695,000. The recent sale history and the property's location in a quiet cul-de-sac make it a highly sought-after investment. Moreover, it falls within the catchment of Fraser High School and Vardon School, both rated decile 4, ensuring quality education for the family.

With individual titles and the potential for a rental return over 5%, these properties present an attractive opportunity for investors. Each unit features a private courtyard and is conveniently located near amenities and public transportation, providing ease of access to Te Rapa, the CBD, and The Base. Don't miss the chance to secure this exceptional investment in a prime location.

For families with school-going children, the property's inclusion in the school zones of Fraser High School and Vardon School adds significant value. Both schools offer a solid educational foundation, which is a key highlight for this property. The combination of location, capital growth potential, and educational amenities makes this property a stand-out choice in the real estate market.

Updated on December 11, 2024

Council Data

Last update : 2024 12 11
Improvement value$340,000Increased by 74% from year 2018
Land value$420,000Increased by 58% from year 2018
CV(Year 2021 Month 09)$760,000Increased by 65% from year 2018
DeckYes
View typeNo appreciable view
ContourLevel
Land area229m²
Floor area86m²
Decade of construction2022
Title820924
Type of titleFreehold
Legal descriptionLOT 1 DP 520445
CouncilHamilton
Estate descriptionFSIM,1/1,LOT 1 DEPOSITED PLAN 520445,229m2
ConstructionExternal Walls: Brick
Roof: Tiles
ConditionExternal Walls: Good
Roof: Good
ZoningResidential Zone - General Residential Zone

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Vardon School
0.62 km
Primary
1-6
Government
Co-Educational
EQI: 473
4
Fraser High School
3.03 km
Secondary
9-15
Government
Co-Educational
EQI: 509
4

Property history

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For developers

Unitary plan:Residential Zone - General Residential Zone
Land:229m²
Title:Freehold

Surrounding facilities

Mahana Road Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
6A Mahana Road, Saint Andrews
0.16 km
2
1
84m2
Year 2024 Month 11 Day 29
$519,000
Council approved
29 Forsyth Street, Saint Andrews
0.27 km
3
1
130m2
Year 2024 Month 11 Day 15
$702,000
Council approved
10A Cotton Street, Saint Andrews
0.18 km
2
1
-m2
Year 2024 Month 10 Day 25
$600,000
Council approved
19 Croall Crescent, Saint Andrews
0.21 km
4
1
117m2
Year 2024 Month 10 Day 15
$685,000
Council approved
54 Heath Street, Saint Andrews
0.18 km
3
1
112m2
Year 2024 Month 08 Day 23
$630,000
Council approved

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