Welcome to 221 Old Farm Road, a charming freehold property in Hamilton East. Constructed in 2003 with durable brick walls and tiled roof, this 3-bedroom, 1-bathroom home sits on a level 428m2 section with a floor area of 130m2 and a double carpark. The property's Capital Value has seen a significant increase of 48.21% from $560,000 in 2018 to $830,000 in 2021. Moreover, the HouGarden AVM estimates it at $775,000, while the latest sales history shows a progression from $343,000 in 2006 to $533,000 in 2016.
Notably, the property falls within the zones of highly esteemed schools such as Hamilton Boys' High School, Hamilton Girls' High School, and Peachgrove Intermediate, with a decile rating ranging from 5 to 7. This is an ideal location for families prioritizing education. The property is currently tenanted, generating a steady income of $625 per week, and is surrounded by amenities, just a short stroll from Waikato University and the hub of local businesses.
Whether you're seeking a sound investment, a family home in an excellent school zone, or simply a comfortable place to live, this property is a perfect choice.
Updated on May 29, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.16 km | 3 | 1 | 114m2 | 2024 10 22 | $694,000 | Council approved | |
 | 0.20 km | 3 | 107m2 | 2024 10 06 | $639,000 | Council approved | ||
 | 0.20 km | 2 | 1 | -m2 | 2024 09 24 | $612,000 | Council approved | |
 | 0.04 km | 3 | 3 | 110m2 | 2024 08 31 | $615,000 | Council approved | |
 | 0.17 km | 3 | 3 | 108m2 | 2024 08 05 | $607,500 | Council approved |