2a Sayer Street, Frankton, Hamilton

Nestled on a low-maintenance site at 2a Sayer Street, Frankton, Hamilton, this charming 2-bedroom, 1-bathroom residence presents a golden opportunity. Constructed in 1986 with an iron roof and fibrous cement walls, this cross-lease property offers an approximate 90 sqm of floor area. The open-plan kitchen and living space are bathed in natural light, with a deck that's perfect for sunny summer dinners. The property, with an average wall and roof condition, includes a carpark and is fully fenced for safety. Notably, the capital value has surged by 43.66% from $355,000 in 2018 to $510,000 in 2021, with a HouGarden AVM estimate of $515,000. The latest sale was recorded on 29th April 2021 at $454,000.

On the government valuation front, the property has shown a remarkable growth trajectory. The recent increase in capital value underscores its investment potential. Moreover, the property falls within the catchment area of Hamilton's Fraser High School, a secondary school with a decile rating of 4, and Frankton School, a contributing school with a decile rating of 3, making it an attractive option for families.

Whether you are a first-home buyer, looking to downsize, or expand your investment portfolio, this property is worth serious consideration. It offers the convenience of a cul-de-sac location, the comfort of a well-maintained home, and the promise of a sound investment.

Updated on September 20, 2024