6a Scotland Place, Hillcrest, Hamilton

Nestled at the threshold of Waikato University, a mere 20 metres from its boundary, this charming three-bedroom, one-bathroom brick home on Scotland Place in Hillcrest, Hamilton, presents an ideal opportunity for first-time buyers, investors, or those seeking proximity to academic pursuits. Built in 1960 with iron roofing and brick walls in average condition, this cross-lease property offers a floor area of 77 square metres and a single carpark. The capital value has seen a growth of 54.67% from $375,000 in 2018 to $580,000 in 2021, while the HouGarden AVM estimates it at $562,500. The latest sales were recorded at $365,000 in 2019 and $252,500 in 2015. The property benefits from being in the catchment area of esteemed schools such as Peachgrove Intermediate (Decile 5), Marian Catholic School (Decile 7), Hillcrest High School (Decile 7), Silverdale Normal School (Decile 4), Berkley Normal Middle School (Decile 8), and Hillcrest Normal School (Decile 8), making it an attractive prospect for families.

Conveniently located, the property is within walking distance to Hillcrest's amenities, including shops and parks, potentially rendering a car unnecessary. The two-storey layout features spacious double bedrooms, a sun-kissed combined lounge and dining area, and a functional kitchen on the main level, with the bathroom nearby. The lower level boasts an internal access double garage, laundry, ample storage, and a nook suitable for a home office. Outside, a private courtyard invites relaxation in the sun, while the quiet cul-de-sac ensures a safe journey for students to the university.

With a property contour that's easy to moderate, this residence is not just a home but a stepping stone to the property ladder, especially with the promising capital value increase and the highly regarded school network it offers.

Updated on July 22, 2024