Positioned in the serene Montgomery Crescent of Bader, Hamilton, this charming residential dwelling on a freehold title offers a spacious layout with 4 bedrooms and a single carpark. Constructed in 1950 with wood walls and an iron roof, the property showcases an average condition both inside and out, sitting on a land area of 704m2 with an easy/moderate rise contour. The interior boasts a floor area of 139m2, featuring an adaptable layout that includes a versatile space that can serve as an office, second living area, or a fourth bedroom. The centerpiece is the open-plan living and kitchen area, which extends to a large rear deck, perfect for outdoor entertainment. The property has seen careful updates over the years, maintaining its original charm with wooden flooring and a cozy kitchen, while also embracing modern conveniences.
As for the financials, the capital value has shown a significant increase from $425,000 in September 2018 to $670,000 in September 2021, indicating a growth rate of 57.65%. The HouGarden AVM estimates the property's value at $612,500. Notably, the last sale occurred in 1999 for $140,000, following a previous sale in 1996 for $125,000. These figures reflect a promising investment opportunity in a property that has been cherished by one family for over two decades.
For families with children, the property falls within a desirable school zone. With highly-rated schools nearby, this home offers the convenience of quality education. The location is not only beneficial for education but also for easy access to amenities, with the Waikato Hospital and Hamilton's CBD just a short distance away.
Updated on December 12, 2024