Nestled in the serene cul-de-sac of 166a Killarney Road, Frankton, Hamilton, this free-standing 2-bedroom, 1-bathroom home with a single carpark presents an inviting opportunity for both investors and homeowners. Constructed in 1970 with fibrous cement walls and an iron roof, the property sits on a level contour with average wall and roof conditions. The 81 square meter floor area is complemented by an open-plan living space that merges with a cozy kitchen, while two conservatories provide additional room for leisure or a home office. The capital value has seen a remarkable increase of 55.29% from $425,000 in September 2018 to $660,000 in September 2021. The HouGarden AVM estimates the property at $655,000, with the latest sales recorded in 2008 at $242,000 and in 1999 at $135,000.
For families with school-aged children, the property falls within the zones of Fraser High School (Decile 4), Maeroa Intermediate (Decile 3), and Frankton School (Decile 3), ensuring quality education is within reach. This property not only offers privacy and convenience, being a short stroll from Dinsdale Shopping Centre and a convenient commute to the CBD, but it also boasts a rental appraisal of $560-600 per week, making it a compelling investment with the potential for quick possession.
With its cross-lease ownership type, this home provides a perfect blend of comfort, location, and investment potential, ready for new owners to move in and add their personal touch.
Updated on November 15, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.17 km | 3 | 2 | 119m2 | 2025 02 14 | $610,000 | Council approved | |
 | 0.12 km | 2 | 1 | 84m2 | 2025 01 29 | $510,500 | Council approved | |
 | 0.12 km | 3 | 1 | 106m2 | 2024 11 02 | $695,000 | Council approved | |
 | 0.12 km | 2 | 1 | 88m2 | 2024 10 25 | $512,500 | Council approved | |
 | 0.10 km | 2 | 1 | 72m2 | 2024 10 22 | $495,000 | Council approved |