Nestled at 1c Wellington Street, Hamilton East, Hamilton, this residential dwelling is a gem on the riverfront. The 310sqm floor area is complemented by 4 bedrooms, 2 carparks, and is set on a level contour with mixed material walls and tiled roofing, all in good condition. The property, built in 1980, is under a Cross-Lease ownership. The capital value has seen a significant increase from $1,050,000 in September 2018 to $1,700,000 in September 2021, a growth of 61.90%. The latest sale was in 2019 for $1,425,000, a stark contrast to its sale price in 1996 of $397,000. The HouGarden AVM estimates the property at $1,625,000.
With a CV increase that outpaces the market, this property also boasts a prime location within school zones. Peachgrove Intermediate, Marian Catholic School, Hamilton Boys' High School, Hamilton East School, Berkley Normal Middle School, and Hamilton Girls' High School are all within reach, each boasting impressive decile ratings. The view from the master bedroom stretching up the river and across the city is simply unparalleled. Multiple living spaces, a well-appointed kitchen, and double glazed windows make this home perfect for family living and entertainment.
Not only does the property offer resort-style luxury with its expansive decks and established garden, but it also provides easy access to Hamilton East's amenities. The schools in the area are highly rated, ticking all the boxes for a family looking for a perfect blend of comfort, luxury, and convenience.
Updated on April 22, 2024