Nestled in the heart of Whitiora, Hamilton, this charming 2-bedroom, 1-bathroom home with a single carpark is set on a level contour with concrete walls and an iron roof, built in 1974. The property, with a floor area of 110sqm, is under a Cross-Lease ownership. The capital value has seen a remarkable increase of 43.66% from $355,000 in 2018 to $510,000 in 2021. The latest sale was recorded at $435,000 in 2024, while the HouGarden AVM estimates it at $500,000. This home boasts a modern interior with a stylish kitchen, an open-plan living area, and a deck that overlooks the serene Waikato River. It's located in a sought-after school zone, with Marian Catholic School (Decile 7), Hamilton's Fraser High School (Decile 4), and Whitiora School (Decile 3) in close proximity.
Boasting a CV increase that outpaces the market, this property is not just a home but a sound investment. Its prime location, coupled with the convenience of a quiet cul-de-sac, offers easy access to the city's CBD, Rugby Stadium, and the natural beauty of the river walks. The property's fresh exterior paint and the newly renovated kitchen and bathroom add to its allure, making it an ideal lock-up-and-leave option or a potential Airbnb opportunity.
For families with children, the school network is a significant plus. The property falls within the zones of highly regarded schools, ensuring quality education is within reach. With such a combination of location, value, and potential, this property is priced to sell and won't remain on the market for long.
Updated on August 07, 2024