16 Vercoe Road, Beerescourt, Hamilton

Nestled on a sizeable corner site at 16 Vercoe Road, Beerescourt, Hamilton, this cozy residential dwelling exudes charm with its weatherboard exterior and aluminum-framed windows. The 3-bedroom, 1-bathroom home, built in 1950, features an average-condition wood and iron construction, with a warm, inviting interior boasting timber floors and a modern, stylish corner shower. The capital value has seen a significant increase from $450,000 in 2018 to $740,000 in 2021, reflecting a growth rate of 64.44%. The property is under a Cross-Lease ownership and is equipped with a wall-mounted heat pump and a European-style laundry. The latest sale history shows a transaction at $560,000 in 2020, and an earlier one at $252,000 in 2010. The HouGarden AVM estimates the property's value at $710,000. With a carpark and a stand-alone enclosed garage, this property is perfect for first-home buyers and families, especially with its proximity to Hamilton's Fraser High School (Decile 4), Vardon School (Decile 4), and Maeroa Intermediate (Decile 3).

Additionally, the property sits on a level contour, has a fully fenced section, and includes front and rear porches, as well as a garden shed. It's an ideal blend of cozy living and practicality, making it a true delight for first-time homeowners.

With its advantageous school zones and increasing capital value, this property presents a sound investment opportunity for those seeking a comfortable family life in a desirable location.

Updated on October 22, 2024