20a Ngaere Avenue, Chartwell, Hamilton

Set on a levelled freehold section at 20a Ngaere Avenue, Chartwell, Hamilton, this well-constructed brick residence, established in 2007 with an Iron roof, offers 3 bedrooms, 1 bathroom, and an open-plan living area. The 105sqm floor area is complemented by a 500sqm land area, featuring a sunroom that extends living space, and two heat pumps for comfort. The property has seen a significant Capital Value (CV) increase from $440,000 in 2018 to $690,000 in 2021, a growth rate of 56.82%. The latest sales reflect market confidence with transactions at $665,000 in 2022 and $700,000 in 2024. HouGarden AVM estimates the property's value at $660,000.

With a private backyard boasting established gardens and a double garage, the residence is situated in a quiet cul-de-sac, close to the Chartwell Shopping Centre and the scenic Waikato River. It falls within the zone of Fairfield Intermediate, a decile 5 school, making it an attractive prospect for families.

Presenting an ideal opportunity for first-time homebuyers or investors, this property is a gem in the sought-after school zone, combining modern comfort with the potential for continued capital growth.

Updated on April 17, 2024