Nestled in the heart of Hamilton, this 2005-built apartment at 71/312 Victoria Street boasts a prime location and modern convenience. With 2 bedrooms, 1 bathroom, and a single carpark, it sits on a level contour with concrete walls and an iron roof, both in good condition. The 79sqm floor area is complemented by a unit title, offering an easy lock-up-and-leave lifestyle. The property has seen a significant Capital Value increase of 47%, from $490,000 in 2018 to the current $720,000 as of September 2021. The HouGarden AVM estimates it at $715,000, with the latest sales recorded at $610,000 in 2024 and $660,000 in 2021.
As for the educational facilities, the property falls within the zones of several esteemed schools. Marian Catholic School and Hamilton Boys' High School, both with a decile rating of 7, are among them. Hamilton Girls' High School and Hamilton West School follow with deciles of 6 and 5 respectively, while Whitiora School stands at a decile of 3. This combination of location, value appreciation, and educational opportunities makes it an attractive investment for families.
With its north-facing aspect, the apartment bathes in sunlight throughout the day and offers views over the central city and Garden Place. The open-plan living area with granite bench-tops and Bosch appliances adds a touch of luxury to this centrally located gem.
Updated on November 20, 2024