Nestled in the tranquility of a quiet cul-de-sac at 53 Barrie Crescent, Silverdale, Hamilton, this freehold property is a gem for the discerning investor. Comprising 2 units, each with 2 spacious bedrooms and a bathroom, these rental flats built in 1973 are situated on a level contour with brick walls and an iron roof in average condition. The property boasts a floor area of 120 square meters and a generous land area of 1189 square meters. With a CV of $940,000 as of September 2021, it has shown a remarkable increase of 113.6% from its 2018 valuation of $440,000.
Valuation history reveals a HouGarden AVM of $902,500, while the latest sale records indicate a transaction of $800,000 in September 2024, up from $425,000 in June 2017. This investment opportunity promises substantial growth potential for the proactive investor.
Educationally, the property falls within the zones of Peachgrove Intermediate (Decile 5), Marian Catholic School (Decile 7), Hillcrest High School (Decile 7), Silverdale Normal School (Decile 4), and Berkley Normal Middle School (Decile 8). These schools offer a range of educational options for families.
Updated on October 23, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.02 km | 4 | 2 | 120m2 | Year 2024 Month 11 Day 25 | $755,000 | Council approved | |
 | 0.28 km | 3 | 1 | 100m2 | Year 2024 Month 10 Day 22 | $710,000 | Council approved | |
 | 0.20 km | 3 | 1 | -m2 | Year 2024 Month 09 Day 29 | $620,000 | Council approved | |
 | 0.00 km | 4 | 2 | -m2 | Year 2024 Month 09 Day 19 | $800,000 | Council approved | |
 | 0.29 km | 4 | 1 | -m2 | Year 2024 Month 09 Day 06 | $765,000 | Council approved |