23 Joanna Place, Deanwell, Hamilton

Nestled on a spacious 617sqm freehold section at the tranquil end of Joanna Place, this 1970's property boasts a solid construction with both walls and roof in good condition. The three-bedroom, one-bathroom home with a single carpark offers a practical layout ideal for family living. The capital value has seen a impressive 57.3% increase from $445,000 in 2018 to $700,000 in 2021, reflecting a strong investment potential. The latest sale history shows transactions at $505,000 in 2019 and $336,620 in 2015, while the HouGarden AVM estimates the property at $640,000. In terms of school zoning, Deanwell School, a contributing school with a decile rating of 3, is in the vicinity.

With a classic split stone exterior, this property has been subtly updated over the years and presents a fantastic opportunity for further value addition. The light-filled living area flows seamlessly into the kitchen and dining, opening up to a private concrete patio that overlooks a generous backyard, perfect for children and pets to play or for summer entertaining. For those with additional vehicles, the large single car garage is a bonus. This property, with its prime location near the hospital and amenities, is a classic Kiwi starter home that holds great potential for the visionary buyer.

As for the school network, the property falls within the zone of Deanwell School, known for its rating of 3 on the decile scale, ensuring quality education for the family.

Updated on December 18, 2024