Nestled on a steep fall site, this charming 1920s cottage at 89 Pembroke Street, Hamilton Lake, Hamilton, boasts 4 bedrooms and a spacious floor area of 240 square meters. Constructed with wooden walls and tiled roofing, this freehold property offers an appealing blend of vintage charm and modern convenience. The property's CV has seen a remarkable increase from $690,000 in September 2018 to $930,000 in September 2021, indicating a growth rate of 34.78%. The latest sales history showcases a significant leap, with a transaction in 2024 reaching $1,350,000, following the previous sale in 2021 at $1,100,000. The HouGarden AVM estimates the property's value at $922,500, making it an attractive investment in a hospital hot-spot.
For families with school-aged children, the property falls within the zones of several well-regarded institutions. Marian Catholic School and Hamilton Boys' High School, both rated a decile 7, are in close proximity. Hamilton Girls' High School and Hamilton West School follow closely with deciles 6 and 5 respectively, ensuring a variety of educational options for the family.
With its prime location, this property not only offers convenience but also a promising investment opportunity with a clear trend of increasing capital value.
Updated on November 27, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.31 km | 3 | 3 | 141m2 | 2024 12 12 | $785,000 | Council approved | |
 | 0.05 km | 5 | 1 | 181m2 | 2024 10 18 | $925,000 | Council approved | |
 | 0.06 km | 5 | 2 | -m2 | 2024 10 17 | $925,000 | Council approved | |
 | 0.23 km | 4 | 170m2 | 2024 09 09 | $925,000 | Council approved | ||
0.23 km | 2 | 1 | 79m2 | 2024 07 25 | $525,000 | Council approved |