This delightful 3-bedroom brick home, nestled in the serene neighbourhood of Forest Lake, Hamilton, presents a perfect blend of comfort and convenience. Located at 99b Storey Avenue, the property boasts a floor area of 100m² on a level cross-lease section. Built in 1997, it features mixed materials for the walls and an iron roof, both in good condition. The home comprises two double bedrooms and a single, with the master bedroom offering outdoor access. It also includes a family bathroom, an internal access garage, and an open-plan living area that extends into a conservatory, capturing the morning sun. The warmth of a wood-burning fire and the year-round comfort of a heat pump make this home ideal for all seasons. Set on a private rear site, the property enjoys a generously sized backyard with established fruit trees, offering a tranquil retreat.
Over the years, the capital value of this property has seen a significant increase, from $450,000 in September 2018 to $740,000 in September 2021, marking a 64.44% growth. The latest HouGarden AVM estimates the property's value at $710,000, while the most recent sale in January 2024 fetched $639,000, up from $285,000 in April 2008. This property's consistent appreciation in value underscores its potential as a wise investment or an ideal first home.
Education is well catered for, with the property zoned for Forest Lake School, Maeroa Intermediate, and Hamilton's Fraser High School, all offering diverse learning environments with decile ratings of 4 and 3. Its proximity to the CBD, Te Rapa, Minogue Park, and the Netball Centre, along with easy access to Waterworld, makes it an excellent choice for families seeking convenience and quality schooling.
Updated on April 05, 2024.