22 Lovelock Place, Chartwell, Hamilton

Nestled in the highly sought-after Chartwell, 22 Lovelock Place is a charming residence perfect for families or the discerning investor. This well-maintained 3-bedroom, 1-bathroom home sits on a freehold title with a floor area of 171sqm and a spacious land area of 789sqm. Constructed in 1970 with durable brick walls and tiled roofing, the property is in good condition both inside and out. It boasts a double carpark, a mechanics pit in the garage, and a generous kitchen that simplifies meal preparation. The living and dining areas are family-friendly, ideal for hosting or family gatherings. The property's potential is further enhanced by the possibility of subdividing the rectangular section into 4 freehold titles, subject to council approval. The capital value has seen a remarkable increase of 52.14% from $585,000 in 2018 to $890,000 in 2021. The HouGarden AVM estimates the property at $830,000, while the latest sales history shows transactions at $413,750 in 2015 and $357,500 in the same year. This property is in the catchment area of Fairfield Intermediate School with a decile rating of 5 and Fairfield Primary School with a decile rating of 1, ensuring quality education for the family. Located in a quiet cul-de-sac, it's convenient to local amenities, the Waikato River, and the Chartwell Shopping Centre. A true gem, it's selling $140,000 below the current CV.

Updated on July 15, 2024