Nestled at the end of a serene cul-de-sac on 25b Pohutukawa Drive, Pukete, Hamilton, this 1970-built residential dwelling with a cross-lease title presents an enticing opportunity. The 3-bedroom, 1-bathroom home, complete with 2 car parks and an 88sqm floor area, boasts aluminium exterior walls and an iron roof, both in good condition. The property's capital value has seen a significant increase from $475,000 in September 2018 to $750,000 in September 2021, reflecting a growth rate of 57.89%. The HouGarden AVM estimates the property's worth at $720,000, while the latest sale history includes transactions at $455,000 in 2019 and $315,000 in 2007.
For families with school-aged children, the property falls within the zones of Pukete School, a contributing primary with a decile rating of 5, and Hamilton's Fraser High School, a secondary school with a decile rating of 4. This home not only offers a solid foundation for potential investors or first-time buyers but also presents a canvas to add personal touches and unlock its full potential.
Embrace this chance to own a piece of real estate in a desirable area, where the love for a home meets the promise of a sound investment.
Updated on October 16, 2024