Nestled in the serene cul-de-sac of Knighton Road, this brand new apartment, built in 2024 by the esteemed Ardent Building Developments Limited, is a gem ready to be moved into. The 80 square meter floor area is cleverly divided into three generous double bedrooms, one bathroom, and an additional separate toilet, all complemented by an open-plan kitchen, dining, and living space ideal for social gatherings. The mixed-material exterior walls and iron roof are in good condition, reflecting the property's contemporary design and solid construction. As a unit title property, it offers a hassle-free lifestyle in a level contour setting. The property's CV is $660,000 as of September 2021, while the HouGarden AVM estimates it at $640,000, making it an attractive investment with a promising growth trajectory.
Reflecting a strong market confidence, the property has seen a significant increase in its capital value over the years. The recent sales history and the rapid rise in the CV reflect the high demand for properties in the area. With a capital value growth rate that speaks volumes about its investment potential, this home is not just a place to live but also a wise financial decision.
For families with school-going children, the property falls within the zones of both Hillcrest High School and Hamilton Boys High School, ensuring access to quality education. The proximity to the University of Waikato and Hamilton's CBD further enhances the convenience, making daily commuting to schools and work a breeze.
Updated on August 16, 2024