5/5 Borman Road, Huntington, Hamilton

Nestled in the sought-after suburb of Huntington, this 2-bedroom, 1-bathroom unit with a single carpark presents an ideal investment opportunity. Constructed in 2021 with a mix of materials for the walls and iron for the roof, this unit is designed for low-maintenance living. The property, held under a Unit Title, boasts a floor area of 87 square meters and is situated in a prime, level contour cul-de-sac. The capital value has shown a significant increase from $500,000 in September 2018 to $700,000 in September 2021, reflecting a growth of 40%. The heat pump ensures year-round comfort, while the outdoor entertainment area invites relaxation with views over the neighborhood.

From a valuation perspective, the property is estimated at $705,000 by HouGarden AVM, with the latest sales recorded at $529,000 in November 2020 and $499,000 in July 2020. This indicates a high demand for properties in the area. The government’s decile 10 rating for the nearby Rototuna schools, including the Senior High, Junior High, and Primary, further enhances the appeal of this property for families.

With its desirable address and easy-care lifestyle, this home is perfect for those seeking a stylish and secure base in the rapidly developing Huntington area. The combination of a modern open-plan living space, quality finishes, and a top-notch school network makes this property a smart beginning for any homeowner or investor.

Updated on September 27, 2024