Nestled in the tranquility of a quiet cul-de-sac at 53 Barrie Crescent, Silverdale, Hamilton, this freehold property is a gem for the discerning investor. Comprising 2 units, each with 2 spacious bedrooms and a bathroom, these rental flats built in 1973 are situated on a level contour with brick walls and an iron roof in average condition. The property boasts a floor area of 120 square meters and a generous land area of 1189 square meters. With a CV of $940,000 as of September 2021, it has shown a remarkable increase of 113.6% from its 2018 valuation of $440,000.
Valuation history reveals a HouGarden AVM of $902,500, while the latest sale records indicate a transaction of $800,000 in September 2024, up from $425,000 in June 2017. This investment opportunity promises substantial growth potential for the proactive investor.
Educationally, the property falls within the zones of Peachgrove Intermediate (Decile 5), Marian Catholic School (Decile 7), Hillcrest High School (Decile 7), Silverdale Normal School (Decile 4), and Berkley Normal Middle School (Decile 8). These schools offer a range of educational options for families.
Updated on October 23, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.02 km | 4 | 2 | 120m2 | 2024 11 25 | $755,000 | Council approved | |
 | 0.28 km | 3 | 1 | 100m2 | 2024 10 22 | $710,000 | Council approved | |
 | 0.20 km | 3 | 1 | -m2 | 2024 09 29 | $620,000 | Council approved | |
 | 0.00 km | 4 | 2 | -m2 | 2024 09 19 | $800,000 | Council approved | |
 | 0.29 km | 4 | 1 | -m2 | 2024 09 06 | $765,000 | Council approved |