Nestled in the serene cul-de-sac of 31 Weka Street, Frankton, Hamilton, this charming 3-bedroom, 1-bathroom cottage exudes a captivating appeal. Constructed in 1920 with wood walls and an iron roof, the dwelling sits on a spacious 805m2 freehold section. The property, with an average wall and roof condition, boasts a floor area of 85m2 and is complemented by a warm and inviting open plan living that adjoins a versatile dining area. The kitchen is a delight, and the outdoor living spaces are perfect for entertaining, enjoying the expansive section ideal for children and pets. Notably, the property has seen a significant Capital Value increase of 64.56% from $395,000 in 2018 to $650,000 in 2021. The HouGarden AVM estimates the property at $602,500, while the latest sale was recorded at $610,000 in 2022, a substantial leap from the $242,000 sale in 2012.
For investors and families, the property's location within the catchment area of Hamilton's Fraser High School (Decile 4), Maeroa Intermediate (Decile 3), and Frankton School (Decile 3) is a significant draw. These educational institutions offer a solid foundation for learning, making this property an attractive prospect for those with a long-term perspective.
Updated on July 05, 2024