Nestled in the heart of Frankton, Hamilton, this charming 3-bedroom, 1-bathroom residence is a gem for both first home buyers and investors. Constructed in 1960 with wood walls and an iron roof, this cross-lease property sits on a level contour with a floor area of 93 square meters. The property has seen a significant Capital Value (CV) increase from $370,000 in September 2018 to $590,000 in September 2021, showcasing a growth rate of 59.46%. The HouGarden AVM estimates the property's value at $562,500, while the latest sales were recorded at $620,000 in March 2024 and $238,000 in April 2013. This home boasts a newly carpeted living space, is situated on a fully fenced section, and is mere steps away from the stadium, supermarkets, and the vibrant Frankton Village. Its proximity to the bus stop adds to its appeal.
For families with school-aged children, the property falls within the zones of Fraser High School (Decile 4), Maeroa Intermediate (Decile 3), and Whitiora School (Decile 3), ensuring access to quality education. This is an ideal opportunity to invest in a prime location.
Updated on April 17, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.40 km | 2 | 2 | -m2 | 2024 12 20 | $558,000 | Council approved | |
 | 0.22 km | 2 | 2 | -m2 | 2024 12 19 | $605,000 | Council approved | |
 | 0.29 km | 3 | 2 | -m2 | 2024 09 06 | $920,000 | Council approved | |
 | 0.14 km | 2 | 1 | 60m2 | 2024 07 29 | $458,000 | Council approved | |
 | 0.12 km | 2 | 1 | 60m2 | 2024 07 15 | $458,000 | Council approved |