Nestled in the heart of Frankton, Hamilton at 24 Lincoln Street, this industrial-service property is a gem on a freehold land of 1778 square meters. Constructed in 2008 with concrete walls and an iron roof, both in good condition, the property boasts a floor area of 520 square meters. It features a successful 'A' Grade automotive workshop with all necessary amenities, including mechanical repairs, computer diagnostics, and a customer lounge. The property has seen a significant increase in its capital value, from $1,160,000 in September 2018 to $1,910,000 in September 2021, marking a growth of 64.66%. The latest sale was recorded at $2,060,000 in October 2024, a substantial leap from the previous sale of $1,092,000 in July 2008. The HouGarden AVM estimates the property's value at $1,745,000.
For families, the property falls within the zones of Fraser High School (Secondary, Decile 4), Maeroa Intermediate (Intermediate, Decile 3), and Frankton School (Contributing, Decile 3), ensuring quality education for all ages.
Updated on December 18, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.39 km | 3 | 1 | -m2 | 2025 01 15 | $525,000 | Council approved | |
 | 0.30 km | 4 | 133m2 | 2024 10 01 | $720,000 | Council approved | ||
 | 0.51 km | 3 | 1 | -m2 | 2024 09 04 | $605,000 | Council approved | |
 | 0.52 km | 2 | 1 | 79m2 | 2024 08 29 | $580,000 | Council approved | |
 | 0.40 km | 2 | 1 | -m2 | 2024 08 23 | $690,000 | Council approved |