4/2 Masefield Drive, Enderley, Hamilton

Nestled in the tranquil cul-de-sac of Masefield Drive, this recently completed, freehold townhouse is a gem for those seeking low-maintenance living. The 2-bedroom, 1-bathroom residence with a single carpark boasts an 82sqm floor area and is set on a level 203sqm plot. The exterior is clad in mixed materials, with a robust iron roof, both in good condition. The property's capital value has seen a significant increase, reflecting a promising investment. As of September 2021, the CV stands at $580,000, while the HouGarden AVM estimates a value of $552,500. The townhouse is not only a haven of comfort, equipped with a heat pump and gas heating, but it's also in a sought-after school zone. Fairfield Intermediate, a decile 5 school, and Insoll Avenue School, a decile 1, are within easy reach. This property is not just a home; it's a smart investment in a convenient Hamilton location.

With a history of steady capital value growth, this property has outpaced the market average. The recent sale history and rapid CV increase are testament to its appeal. The asking price offers excellent value, especially considering the prime location and the fact that there are only 3 units available. It's an opportunity that won't last long in the bustling Hamilton real estate market.

For families with school-aged children, the property falls within the catchment area of highly regarded schools. The schools' high decile ratings are a reflection of the quality education on offer. This townhouse not only promises comfort and convenience but also a bright future for the family.

Updated on October 23, 2024