Nestled in the serene Pembroke Street of Hamilton Lake, this 1930s bungalow exudes charm with its leadlight windows and cozy wooden interior. Situated on a freehold 675m2 section with a steep fall contour, this 120m2 residence boasts 3 bedrooms, a bathroom, and a carpark. The Iron roof and wooden walls are in average condition, complemented by a large deck that offers panoramic views of the city and the surrounding hills. Currently tenanted at $435 per week, this property has seen a significant Capital Value increase of 33.33% from $600,000 in 2018 to $800,000 in 2021. The HouGarden AVM estimates it at $730,000, while the latest sale history shows a jump from $570,000 in 2019 to $950,000 in 2024.
With a prime location, the property falls within the zones of esteemed schools such as Marian Catholic School (Decile 7) and Hamilton Boys' and Girls' High Schools (Deciles 7 and 6 respectively), ensuring quality education for the family. Hamilton West School (Decile 5) is also in the vicinity.
This 'By The Lake Cutie' is not just a home but an investment with a promising future, centrally located close to the lake, hospital, and the CBD, offering the perfect blend of convenience, comfort, and potential.
Updated on December 18, 2024