23b Maitland Street, Frankton, Hamilton

Nestled in the serene cul-de-sac of 23b Maitland Street, Frankton, Hamilton, this 2007-built residential unit boasts a 2-bedroom, 1-bathroom layout within a floor area of 64 square meters. Constructed with a robust iron roof and mixed materials for the walls, this unit title property is in a good condition both inside and out. The property's capital value has seen a rapid increase, rising from $360,000 in September 2018 to $540,000 in September 2021, reflecting a 50% growth. This is a perfect opportunity for first home buyers or investors looking for a property that offers both comfort and potential for investment growth.

With a HouGarden AVM estimate of $505,000 and a latest sale history of $352,000 in April 2017, this property presents a competitive price point. The previous sale in October 2007 was at $298,000, indicating a consistent appreciation over the years. The property features a heat pump for climate control, a fully fenced backyard for privacy, and comes with chattels including blinds, curtains, and light fittings.

For families with children, the property falls within the zones of Hamilton's Fraser High School, a secondary school with a decile rating of 4, and Frankton School, a contributing school with a decile rating of 3. Its convenient location close to local amenities, schools, and public transport makes it an even more attractive proposition.

Updated on May 15, 2024