291 Grey Street, Hamilton East, Hamilton

Nestled at 291 Grey Street, Hamilton East, this commercial office space boasts a freehold title, offering a serene environment with wooden exterior walls and a robust iron roof. The property features a single carpark and a generous floor area of 358 square meters on a land plot of 1173 square meters. With average wall condition and a good roof condition, this property presents a solid investment opportunity.

As per the government valuation, the capital value has seen a notable increase from $1,470,000 in September 2018 to $1,715,000 in September 2021, reflecting a growth rate of 16.67%. The HouGarden AVM estimates the property's value at $1,567,500, while the latest sale on October 17, 2024, was recorded at $2,151,470, indicating a high market demand.

For families, the property falls within a desirable school zone. Notable schools in the area include Peachgrove Intermediate with a decile rating of 5, Marian Catholic School with a decile rating of 7, Hamilton Boys' High School and Hillcrest High School, both with a decile rating of 7, and Berkley Normal Middle School with a decile rating of 8.

Updated on December 11, 2024