Nestled at 7 Gary John Lane, Frankton, Hamilton, this residential ownership home unit boasts a modern design with 3 bedrooms, 1 bathroom, and a single carpark. Constructed in 2006 with mixed materials for the walls and tiles for the roof, this property presents a good wall and roof condition. The 120sqm floor area provides a spacious and comfortable living environment, further enhanced by the presence of a second toilet downstairs. This unit title property is situated on a level contour, ensuring ease of access and a pleasant outlook.
As per the latest government valuation in September 2021, the capital value has surged to $600,000, marking a significant increase of 48.15% from the 2018 valuation of $405,000. The HouGarden AVM estimates the property at $582,500, while the latest sale history shows transactions at $522,000 in June 2024 and $262,000 in February 2015. With a 6% return potential, this property presents an opportunity not to be missed.
For families with school-aged children, the property falls within the zones of Hamilton's Fraser High School (Secondary, Decile 4), Maeroa Intermediate (Intermediate, Decile 3), and Frankton School (Contributing, Decile 3), ensuring access to quality education.
Updated on August 01, 2024