Nestled on a family-friendly 809sqm section in the serene cul-de-sac of 29 Forsyth Street, Saint Andrews, Hamilton, this 1970-built residential dwelling with a Freehold title presents an outstanding opportunity. The home boasts 3 generous bedrooms, a well-maintained bathroom, and a separate living area that seamlessly transitions into the kitchen and dining space. The property features concrete walls, a tiled roof in good condition, and a single carpark. With a floor area of 128sqm, it includes two heat pumps for year-round comfort. The capital value has seen a significant increase from $550,000 in 2018 to $900,000 in 2021, reflecting a growth of 63.64%. The HouGarden AVM estimates the property at $892,500, while the latest sales history includes $240,000 in 2005 and $198,000 in 2003.
For investors with a long-term perspective, the property's potential is undeniable. It falls within the catchment area of Hamilton's Fraser High School (Secondary, Decile 4) and Vardon School (Contributing, Decile 4), adding to its appeal. The location provides easy access to retail, greenspaces, and local cafes, making it an ideal blend of convenience and tranquility.
Urgent attention is encouraged for those who recognize the value of this property, which offers a blend of comfort, potential, and a sought-after school zone. Contact Glenn or Sonia for further information.
Updated on November 15, 2024