Nestled in the prime Hamilton East locale, this freehold property on a sprawling 675m2 section is a gem for families. The 3-bedroom, 1-carpark home boasts an average-condition wood exterior and iron roof, constructed circa 1920 with a floor area of 124m2. It's a perfect blend of classic charm with modern potential, featuring natural timber floors and high ceilings. The property has seen a significant Capital Value increase of 56%, from $520,000 in 2018 to $810,000 in 2021. The HouGarden AVM estimates it at $775,000, while the latest sale was in 2006 for $260,000.
Renowned for its educational zone, the property falls within the decile 5 Peachgrove Intermediate, decile 7 Marian Catholic School, and the highly sought-after Hillcrest High School, among others. This is an ideal investment for those valuing education and growth.
With a renovator's eye, this home offers immense potential. Its location, coupled with the CV growth and school zones, makes it a compelling opportunity for those looking to transform it into their dream home.
Updated on October 21, 2024