1c Lovelock Place, Chartwell, Hamilton City

Welcome to 1C Lovelock Place, nestled in the serene Chartwell neighborhood. This delightful 2-bedroom, 1-bathroom unit on a cross-lease title presents an ideal opportunity for first-time buyers, those looking to downsize, or savvy investors. Constructed in 1976 with concrete walls and an iron roof, this property boasts an average condition with a level contour. It offers a cozy 55sqm floor area, thoughtfully designed with a spacious living room, a well-equipped kitchen, and comfortable bedrooms. Outside, a private backyard and a single carport provide additional convenience. Notably, the property is priced at $95,000 below the current Capital Value of $540,000, indicating a potential bargain. The CV has shown a remarkable increase of 68.75% since 2018. The latest sales history includes transactions in 2018 and 2017, with prices reflecting a growing market trend. The HouGarden AVM estimates the property's worth at $495,000. In terms of school zones, Fairfield Intermediate boasts a decile rating of 5, while Fairfield Primary School stands at a decile rating of 1, both within easy reach.

For those seeking a home that meets healthy living standards, this unit is compliant and comes with a rental appraisal of $420 to $450 per week. Its convenient location, close to schools, shops, and public transport, further enhances its appeal. Don't let this chance slip by; secure your piece of real estate in Chartwell before it's too late!

Updated on December 09, 2024