1/877 Heaphy Terrace, Claudelands, Hamilton

Nestled in the heart of Claudelands, Hamilton, this charming 1970s north-facing brick unit presents an ideal opportunity for first-home buyers, downsizers, or investors seeking affordability and centrality. The property boasts 2 bedrooms, 1 bathroom, and a single carport, set on a level contour with well-maintained brick walls and tiled roof. It is situated on a Cross-Lease title, occupying a floor area of 74 square meters. The current government valuation (CV) stands at $480,000 as of September 2021, showcasing a remarkable increase of 52.38% from the 2018 valuation of $315,000. The HouGarden AVM estimates the property's value at $445,000, while the latest sales history includes a sale in 2018 for $317,500 and another in 2013 for $194,000.

For families with school-aged children, the property falls within the zones of Peachgrove Intermediate (Decile 5), Marian Catholic School (Decile 7), Hamilton Boys' High School (Decile 7), Hamilton East School (Decile 4), Whitiora School (Decile 3), and Hamilton Girls' High School (Decile 6), ensuring access to a range of educational options. This property not only offers easy access to public transport, local shops, and the CBD but also proximity to the Claudelands Events Centre and Claudelands Park, with river cycle and walking trails suitable for all ages.

Currently tenanted at $440.00 per week with the potential for rental appraisal increases, this property is priced to sell and holds the promise of adding value. Don't let this fabulous opportunity pass you by.

Updated on June 26, 2024