Nestled in a quiet cul-de-sac at 61 Morrow Avenue, Saint Andrews, Hamilton, this freehold property, built in 1973, is a charming residential dwelling with fibrous cement walls and tiled roofing. It boasts 3 bedrooms, 1 bathroom, and a generous floor area of 107 square meters, complemented by a land size of 690 square meters. The property includes a double garage, a conservatory for additional living space, and is in an easy/moderate rise contour. With a capital value of $790,000 as of September 2021, it has seen a CV increase of 69.89% since September 2018, reflecting its growing investment potential. The HouGarden AVM estimates the property's value at $770,000, making it an attractive opportunity for homebuyers and investors alike.
History shows a promising trend with the property's government valuation soaring, and recent sales in the area indicate a healthy market. This home, which has not been on the market for 50 years, presents a rare chance to own a piece of Hamilton's real estate history.
For families with children, the property falls within the zones of both Pukete School, a contributing primary school with a decile rating of 5, and Hamilton's Fraser High School, a secondary school with a decile rating of 4. Its proximity to The Base shopping centre, Te Rapa Road, and the popular local cafe Cinnamon adds to the appeal. This is not just a house; it's a potential investment in a lifestyle and education.
Updated on July 31, 2024