Nestled in a serene cul-de-sac at 6/181 Knighton Road, Hillcrest, Hamilton, this 2016-built residential unit boasts a Unit Title and offers a perfect blend of modern comfort and convenient living. The 3-bedroom, 2-carpark home features mixed-material walls, an iron roof, a level contour, and a well-maintained condition both inside and out. With a floor area of 110 square meters, each bedroom is accompanied by an ensuite and kitchenette, providing privacy and ease for its occupants.
As for investment potential, the property's Capital Value (CV) has seen a significant increase from $540,000 in 2018 to $760,000 in 2021, reflecting a growth rate of 40.74%. The HouGarden AVM estimates the property's value at $765,000, while the latest sale history shows transactions at $618,000 in 2020 and $376,000 in 2015. Currently rented for a combined total of $825 per week, this property presents a stable income opportunity in a high-demand location.
For families with children, the property falls within the catchment area of several reputable schools, including Peachgrove Intermediate (Decile 5), Marian Catholic School (Decile 7), Hamilton Boys' High School (Decile 7), Knighton Normal School (Decile 5), Hillcrest High School (Decile 7), Berkley Normal Middle School (Decile 8), and Hamilton Girls' High School (Decile 6), ensuring access to quality education.
Updated on September 06, 2024