186 Bankwood Road, Chartwell, Hamilton

Nestled in a quiet cul-de-sac at 186 Bankwood Road, Chartwell, Hamilton, this freehold property is a charming residential dwelling. Constructed in 1964 with a brick exterior and iron roof, it offers 3 bedrooms, 1 bathroom, and a single carpark, all within a floor area of 91 square meters on a spacious 607 square meter section. The property presents an average condition both in walls and roof, and boasts a level contour that adds to its appeal.

With a capital value that has seen a 54% increase from $500,000 in September 2018 to $770,000 in September 2021, and a HouGarden AVM of $750,000, this property also boasts a strong sales history, with the latest sale at $684,000 in June 2024, up from $515,000 in May 2019. This is a sound investment opportunity with a rental assessment of $590/$570 per week, currently rented at $550 per week, and compliant with healthy homes standards.

For families with children, the property falls within the highly sought-after zone for Hukanui Primary School, a contributing school with a decile rating of 10, and Fairfield Intermediate, an intermediate school with a decile rating of 5. This is a perfect blend of comfort, investment potential, and educational opportunity.

Updated on July 26, 2024