1/18 May Street, Hamilton East, Hamilton

Nestled in the serene cul-de-sac of 1/18 May Street, Hamilton East, this 107sqm residential unit boasts 3 bedrooms, each with an ensuite bathroom, and a single carpark. Constructed with a robust mix of materials and an iron roof, this unit title property is only a year old, with walls and roof in good condition. The property's capital value as of September 2021 stands at $775,000, reflecting a strong growth potential. The recent sale on October 6, 2024, was at $639,000, while the HouGarden AVM estimates it at $770,000, indicating a healthy investment opportunity.

With a CV increase that speaks volumes about its investment viability, this property is strategically located near the University and the developing Inland Port. The government's valuation history and the property's peachy contour make it a level-headed investment choice. The property's rental potential is enhanced by its close proximity to amenities and a high-demand rental market, ensuring a smart investment with a nice yield.

For families with school-going children, the property falls within the catchment area of Peachgrove Intermediate (Decile 5), Marian Catholic School (Decile 7), Hamilton Boys' High School (Decile 7), Knighton Normal School (Decile 5), and Hamilton Girls' High School (Decile 6), offering a range of educational options.

Updated on November 20, 2024