Nestled on a quarter-acre section at 8 Ngaere Avenue in the serene Chartwell, Hamilton, this residential dwelling boasts 4 bedrooms and a single carpark. Constructed in 1965 with wood exterior walls and tiled roofing, the property offers a floor area of 130sqm. It holds a Freehold title, ensuring full ownership rights. The home, with average wall and roof conditions, presents a Level contour that adds to its potential. The Capital Value (CV) has seen a significant increase from $480,000 in September 2018 to $1,005,000 in September 2021, reflecting a growth rate of 109.375%.
Valuations from HouGarden AVM estimate the property at $1,010,000, indicating a promising investment opportunity. The recent sale history and clear instructions from the executors to sell the family home present a compelling case for potential buyers. The location is strategically close to Chartwell Square and various educational institutions, enhancing the property's appeal.
For families with school-aged children, the property falls within the catchment area of Fairfield Intermediate, a school with a decile rating of 5. This indicates a good standard of education in the zone. With such a combination of attributes, 8 Ngaere Avenue stands out as a prime property in a sought-after location.
Updated on September 26, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.15 km | 3 | 2 | -m2 | 2025 01 24 | $655,500 | Council approved | |
 | 0.18 km | 3 | 1 | -m2 | 2024 11 14 | $695,000 | Council approved | |
 | 0.18 km | 3 | 1 | -m2 | 2024 11 04 | $430,000 | Council approved | |
 | 0.20 km | 3 | 160m2 | 2024 10 04 | $730,000 | Council approved | ||
 | 0.30 km | 4 | 143m2 | 2024 09 17 | $710,000 | Council approved |