Located at 100 River Road, Hamilton East, Hamilton, this residential property stands as a testament to classic architecture with its mixed materials wall construction and iron roof, both in average condition. Built in 1960, the unit spans a floor area of 41 square meters, featuring 1 bathroom, and is held under a Unit Title ownership. Despite having no designated car parks, its level contour and strategic location compensate for this minor setback.
Over the years, the property has seen a significant increase in capital value, jumping from $250,000 in September 2018 to $405,000 in September 2021, marking a 62% growth. This is complemented by a HouGarden AVM estimate of $397,500. Historical sales data reveals a purchase for $140,000 in August 2014, following a previous sale at $164,000 in September 2007, showcasing a steady appreciation in value.
The property is zoned for a variety of schools, catering to different educational levels and needs. Peachgrove Intermediate (decile 5), Marian Catholic School (Hamilton) (decile 7), Hamilton Boys' High School (decile 7), Hamilton East School (decile 4), and Hamilton Girls' High School (decile 6) are all within the catchment area, offering diverse options for families seeking quality education for their children.