Nestled in the esteemed Hamilton East, this charming 2-bedroom, 1-bathroom residence on 141 Cobham Drive is a rare freehold opportunity. Constructed in 1940 with wood walls and tiled roofing, this home sits on a level 422sqm section with an average wall and roof condition. It boasts a floor area of 77sqm, a single carpark, and a heat pump for year-round comfort. The property has seen a significant Capital Value increase of 47.5% from $400,000 in 2018 to $590,000 in 2021. The latest sale was recorded at $590,000 in 2021, and the HouGarden AVM estimates it at $562,500.
For families, the property is in a highly sought-after school zone, including Peachgrove Intermediate (Decile 5), Marian Catholic School (Decile 7), Hamilton East School (Decile 4), and Hillcrest High School (Decile 7), among others. The master bedroom features a walk-in robe, and the second bedroom overlooks the entertainment deck and fenced yard, perfect for outdoor relaxation or gatherings. The renovated kitchen adds a modern touch to this cozy home, which is not only close to local amenities like MADE and Duck Island but also to the picturesque Hamilton Gardens.
With such a promising CV growth and being in a prime school zone, this property presents an attractive investment for first home buyers or those seeking a sound rental opportunity in a desirable location.
Updated on May 02, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.25 km | 2 | 1 | -m2 | 2024 03 27 | $760,000 | Council approved | |
0.25 km | 4 | 1 | 111m2 | 2024 03 26 | $630,000 | Council approved | ||
 | 0.35 km | 2 | 1 | 130m2 | 2024 03 22 | $695,000 | Council approved | |
0.10 km | 3 | 106m2 | 2024 02 01 | $695,324 | Council approved | |||
 | 0.23 km | 2 | 1 | -m2 | 2024 01 23 | $580,000 | Council approved |