7/191 Grey Street, Hamilton East, Hamilton

Nestled in the serene Hamilton East, this inviting 2-bedroom, 1-bathroom residence with a single carpark is a gem on a quiet cul-de-sac. Constructed in 1982 with solid bricks and tile roofing, this cross-lease property offers a comfortable 76sqm floor area. The capital value has seen a remarkable increase from $410,000 in 2018 to $660,000 in 2021, reflecting a growth of 60.98%. The home is complemented by a fully fenced section, ideal for children and pets, and a cozy outdoor area for summer evenings.

With a current HouGarden AVM of $612,500 and a latest sale history of $425,000 in 2018 and $355,000 in 2016, this property presents a sound investment. The government's capital value growth is a testament to its desirability. The residence is in the zone for several top-rated schools, including Hamilton Boys' and Girls' High Schools, Hillcrest High, and Berkley Intermediate, all while being conveniently located near Hamilton East's shopping hub, restaurants, cafes, and the tranquil riverfront.

For families seeking a desirable entry-level home in a prime location, this property is a fantastic opportunity. It's ready for a quick settlement and offers the potential to add value, making it an attractive prospect for both investors and homeowners.

Updated on May 13, 2024