Nestled on a serene cul-de-sac at 19 Hamilton Road, Awhitu, Auckland - Franklin, this 1940-built residential dwelling boasts a freehold title. The home features 3 bedrooms, 1 bathroom, and a modest living space of 100 square meters on a generous 954 square meter section. Constructed with wood exterior walls and a fibrous cement roof, both of which are in a poor condition, this property offers a charming project for the discerning buyer. The contour of the land is an easy to moderate rise, adding to the property's potential.
Reflecting on its financial history, the capital value has seen a decrease from $385,000 in July 2017 to $325,000 as of June 2021, indicating a -15.58% growth rate. However, the HouGarden AVM estimates the property at $387,500, and recent sales history shows a significant increase from $240,000 in February 2006 to $755,000 in August 2024, suggesting a promising investment opportunity.
For families with educational considerations, Waiuku College, a secondary school catering to Year 9-15 students, is part of the local school network with a decile rating of 6.
Updated on October 02, 2024