Located at 53 Masters Avenue, Hillcrest, Hamilton, this residential dwelling embodies potential and space, perfect for families or investors. The property features 3 bedrooms, 1 bathroom, and 2 car parks, with a floor area of 94m2 and a generous land area of 774m2. Built in 1961, the house boasts a wood wall construction with a fair condition and an iron roof in average condition. The level contour of the property and its freehold ownership type add to its appeal, making it a solid choice for those looking to add their personal touch.
Over the years, the capital value of this property has seen significant growth, from $500,000 in September 2018 to $750,000 in September 2021, marking a 50% increase. The latest HouGarden AVM estimates its value at $720,000. Historical sales data reveals a steady appreciation, with sales at $291,000 in June 2005 and $500,000 in March 2018. This trend underscores the property's solid investment potential and its appeal in the market.
The property is ideally situated within the school zones of Hillcrest High School, Berkley Normal Middle School, Hillcrest Normal School, Peachgrove Intermediate, Marian Catholic School (Hamilton), and Silverdale Normal School, offering a range of educational options with decile ratings from 4 to 8. Its location in the heart of Hillcrest ensures proximity to local amenities, including shops, medical centres, and the University of Waikato, making it an attractive option for families and students alike.
Updated on April 05, 2024.