163 Bankwood Road, Chartwell, Hamilton

This charming two-bedroom brick unit, nestled in a private rear setting well back from the road at 163b Bankwood Road, Chartwell, Hamilton, offers a low-maintenance lifestyle ideal for first home buyers, empty nesters, or investors. Built in the 1970s, the property features spacious and light-filled open plan living, double bedrooms, a separate laundry, and a toilet. It includes a single garage with additional off-street parking space. A heat pump ensures year-round comfort, and the home complies with Healthy Homes standards. While tidy and inviting as is, there's potential to add value. Its convenient location near bus stops, Chartwell shopping centre, and schools enhances its appeal.

The property has seen a significant increase in capital value, from $410,000 in September 2018 to $650,000 in September 2021, marking a 58.54% growth. The latest HouGarden AVM estimates its value at $637,500. The last sale recorded was in June 1997 for $135,500. The property is a Cross-Lease with a floor area of 90m², featuring tile roofing and brick walls, both in average condition, on a level contour.

Located within the Fairfield Intermediate school zone, which has a decile rating of 5, this property is perfectly positioned for educational convenience. The area is known for its accessibility to quality education, making it an attractive option for families or those planning for the future.

Updated on March 22, 2024