185b Dey Street, Hamilton East, Hamilton

Nestled in a serene cul-de-sac at 185b Dey Street, Hamilton East, this freehold property boasts a capital value of $950,000 as of September 2021, showcasing a remarkable growth of 53.23% from its 2018 valuation of $620,000. Constructed in 2015 with low-maintenance brick walls and an iron roof, both in good condition, this residential haven offers 4 bedrooms, 2 living areas, 2 bathrooms, and a garage, spread across a spacious 157sqm floor area on a 426sqm section. The property features double glazing and has recently been renovated by qualified tradespeople, potentially fetching approximately $750 per week in rent. It's situated in the highly sought-after school zones of Peachgrove Intermediate, Marian Catholic School, Knighton Normal School, Hillcrest High School, and Berkley Normal Middle School, with the latter two boasting deciles of 7 and 8 respectively. The HouGarden AVM estimates the property's value at $867,500, while the latest sale in 2014 was for $463,000.

With a CV increase that speaks volumes about its investment potential, this property is not just a home but a wise financial decision. Its location down a right of way, well away from the road, ensures privacy and tranquility, making it an ideal choice for families with teenagers or dependant relatives. The fully fenced section with ample off-street parking adds to the convenience and appeal.

For a family looking to capitalize on the excellent school network, this property is a golden opportunity. The Hillcrest High School zone, in particular, is a significant draw for many families, and the property's recent renovations only enhance its吸引力.

Updated on December 13, 2024