2b Pitt Street, Frankton, Hamilton

Nestled in a serene cul-de-sac at 2b Pitt Street, Frankton, Hamilton, this 2000-built residential unit boasts 2 bedrooms, 1 bathroom, and a single carpark. The 69 square meter floor area is complemented by a well-maintained fibrous cement exterior and a robust iron roof. This unit, with a good condition wall and roof, is a fine example of 'Ownership home units' category. The property's Capital Value (CV) has seen a remarkable increase of 60%, from $350,000 in September 2018 to $560,000 in September 2021. HouGarden AVM estimates the property's worth at $542,500, while the latest sale history shows a sale price of $379,000 in May 2019 and $299,000 in September 2010.

Fraser High School, a secondary institution with a decile rating of 4, Maeroa Intermediate at decile 3, and Frankton School with a contributing status and decile 3, form the educational backbone of this property's school zone. The open-plan living space with high sloping ceilings and large north-facing windows is a haven of natural light and space. The kitchen, thoughtfully designed with ample storage and bench space, flows seamlessly into the living areas. The bathroom features a roof solar tube for natural lighting, and the bedrooms are positioned away from street noise, ensuring a peaceful retreat.

Perfectly located close to public transport, shopping centers, the city center, and arterial highways, this home is not just a purchase but a wise investment in a prime school zone with a promising CV growth trajectory.

Updated on August 16, 2024