1/5 Primrose Street, Frankton, Hamilton

Nestled in the serene Primrose Street of Frankton, Hamilton, this 88sqm residential unit with a Unit Title offers a perfect blend of modern comfort and convenient living. The 2-bedroom, 1-bathroom unit, complete with a single carpark, is complemented by a brick exterior, tiled roof, and a well-maintained condition both inside and out. Constructed in 2014, it boasts Double Glazing and a heat pump for year-round comfort. The property has seen a significant Capital Value increase of 60%, from $350,000 in 2018 to $560,000 as of 2021, reflecting a promising investment potential. The latest sale history shows a transaction at $517,000 in 2022, further validating the property's appeal.

With a HouGarden AVM of $537,500, this property presents a lucrative opportunity for investors and homeowners alike. The government valuation growth, coupled with the recent sale prices, indicates a stable and rising market trend. As for the school zone, it falls within the catchment of Fraser High School (Decile 4), Maeroa Intermediate (Decile 3), and Frankton School (Decile 3), ensuring quality education options for families.

Centrally located with easy access to the CBD and hospital, and in close proximity to local shops, this unit is not only an ideal living space but also a wise investment choice. Including chattels such as curtains, dishwasher, rangehood, and wall oven, it's ready for its new owner to move in and enjoy the benefits of a well-appointed home in a sought-after neighborhood.

Updated on October 25, 2024