1115 Heaphy Terrace, Fairfield, Hamilton

Nestled on a level plot at 1115 Heaphy Terrace, Fairfield, Hamilton, this residential dwelling on Freehold land boasts 6 bedrooms, 1 bathroom, and a single carpark. Constructed in 1952 with fibrous cement walls and an iron roof, both in good condition, this property is primed for its next chapter. The 101 square meter floor area and 1011 square meter land area provide ample space for the building plans that await the vision of its new owners, with Land Use and Building Consent already in place.

Since September 2018, the Capital Value has seen a remarkable increase of 66.20%, reaching $590,000 by September 2021. The HouGarden AVM estimates the property at $582,500, while the latest sale in 2013 was for $215,000. This is a golden opportunity for investors looking for a property with a proven track record of rapid value appreciation.

For families with children, the property falls within the zones of Woodstock School and Fairfield Intermediate, both rated a decile 5, and Fairfield Primary School, rated a decile 1. This offers a variety of educational options in a family-friendly neighborhood.

Updated on November 15, 2024