Nestled in the serene cul-de-sac of West Ridge Drive, Western Heights, Hamilton, this inviting 4-bedroom, 2-car park family residence is set on a freehold 815sqm section. Constructed in 1992 with enduring brick walls and tiled roofing, the property boasts a floor area of 250sqm and is in a good condition both inside and out. The capital value has seen a significant increase from $720,000 in September 2018 to $1,050,000 in September 2021, reflecting a growth rate of 45.83%. The property is equipped with a heat pump and enjoys an easy/moderate contour with panoramic views towards Mount Pirongia.
With a HouGarden AVM of $1,005,000 and a latest sale record of $47,000 in 1991, this property presents a solid investment opportunity. The government valuation history showcases a consistent rise in value, making it an attractive prospect for potential buyers. The home has been cherished for 33 years and now awaits new owners to continue its legacy.
For families with school-aged children, the property falls within the zones of Fraser High School (Decile 4), Aberdeen School (Decile 5), and Maeroa Intermediate (Decile 3), ensuring access to quality education. This is a home that combines comfort, convenience, and potential for further capital growth.
Updated on October 30, 2024