1/1 Hibiscus Avenue, Hamilton Lake, Hamilton

Located at 1 Hibiscus Avenue, Hamilton Lake, Hamilton, this executive townhouse is a gem in a highly desirable lake/hospital area. Built in 2017, the property boasts mixed materials for walls and an iron roof, both in good condition. The freehold property spans 150 square meters of floor area on a level 242 square meter land, offering ample space with its modern design. It features double internal access garaging and an additional private car park, catering to a total of 2 vehicles. The property is designed to enhance living with a large master bedroom, an upstairs office, and extensive storage space. The open plan lounge on the ground floor opens to a private outdoor patio, complemented by a contemporary kitchen equipped with modern chattels. For comfort during all seasons, a heat pump/air conditioning unit is installed. Security is prioritized with an alarm system and digital door code entry, alongside an extra separate toilet downstairs, summing up to four toilets for convenience.

From a financial perspective, the property has seen a significant increase in capital value, from $670,000 in September 2018 to $890,000 in September 2021, marking a 32.84% growth. The latest sale recorded on February 8, 2024, was at $872,780, slightly below the HouGarden AVM of $852,500. This trend indicates a robust and growing interest in properties within this locale, making it a wise investment or living choice.

Education is well catered for with Hamilton Boys' High School (Secondary, decile 7), Hamilton Girls' High School (Secondary, decile 6), and Hamilton West School (Full Primary, decile 5) in proximity, ensuring a range of quality educational options for families. This property is not only an ideal residence for hospital staff and those working in the CBD due to its strategic location but also offers a quality lifestyle for families seeking a balance of convenience, security, and comfort.

Updated on April 05, 2024.