Nestled in the serene cul-de-sac of 33a Livingstone Avenue, Nawton, Hamilton, lies a charming residential unit, perfect for those seeking a blend of comfort and investment potential. This 2-bedroom, 1-bathroom home with a single carpark is built on a cross-lease title, sitting on a level contour with concrete walls and an iron roof, both in average condition, since 1976. The property's capital value has seen a staggering increase of 74.29% from $350,000 in September 2018 to $610,000 in September 2021, showcasing its investment appeal. The HouGarden AVM estimates the property's value at $567,500, while the latest sales history shows transactions at $185,000 in 2008 and $228,000 in 2007.
For families with school-aged children, the property falls within the zones of Fraser High School (decile 4), Nawton School (decile 2), and Maeroa Intermediate (decile 3), ensuring access to quality education. The property's modern comforts include a heat pump, an open plan dining/lounge, and a northerly aspect with urban views, making it an ideal starter home or investment opportunity. With motivated vendors looking to cash up for new ventures, this property presents a golden chance for secure, long-term investment, with the added benefit of tenants eager to stay.
With such a promising property in a sought-after school zone, it's an opportunity not to be missed. Act now to secure your investment in this rapidly appreciating property market.
Updated on June 14, 2024