Nestled in a serene cul-de-sac at 162 Pembroke Street, Hamilton Lake, this freehold property is a charming residential haven. Built in 1920 with wood exterior walls and an iron roof, it boasts 5 bedrooms, 1 bathroom, and 3 car parks. The home spans an area of 181 square meters on a level plot of 811 square meters. Notably, the property has seen a Capital Value (CV) increase of 32.35%, from $680,000 in 2018 to $900,000 as of 2021. The HouGarden AVM estimates the property's value at $892,500, while the latest sale was recorded at $925,000 in 2024, a significant jump from the $137,000 sale in 2002.
With a CV growth that outpaces the market average, this property is not just a home but also a sound investment. Its convenient location, within walking distance to the hospital and the lake, adds to its appeal. The property's condition is testament to the care it has received, with good walls and an average roof, making it an ideal choice for a growing family or hospital staff.
For families with school-aged children, the property falls within the catchment area of several well-regarded schools. Marian Catholic School and Hamilton Boys' High School, both rated a decile 7, are joined by Hamilton Girls' High School at decile 6 and Hamilton West School at decile 5. This address offers not just a home but a community and educational opportunities for all.
Updated on November 27, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.27 km | 4 | 240m2 | 2024 10 25 | $1,350,000 | Council approved | ||
 | 0.17 km | 3 | 120m2 | 2024 10 24 | $950,000 | Council approved | ||
 | 0.01 km | 5 | 2 | -m2 | 2024 10 17 | $925,000 | Council approved | |
 | 0.19 km | 4 | 170m2 | 2024 09 09 | $925,000 | Council approved | ||
 | 0.35 km | 3 | 144m2 | 2024 08 19 | $700,000 | Council approved |