49a Northolt Road, Fairview Downs, Hamilton

Nestled in the serene cul-de-sac of 49a Northolt Road, Fairview Downs, Hamilton, this vacant residential property boasts a freehold title on a level 403sqm section. The unknown exterior walls and roof construction add a touch of mystery to this brand new home, built by the reputable Sentinel Homes with a 10-year Master Builders Guarantee. It features three bedrooms, a stunning bathroom, and a modern kitchen that flows into an open-plan dining and living area. The inclusion of a heat pump, double glazing, and internal access garaging with off-street parking makes this an attractive and practical package. The property's Capital Value (CV) as of September 2021 is $325,000, reflecting a steady growth trajectory. The HouGarden AVM estimates it at $320,000, indicating a promising investment opportunity.

Historically, the property has shown a consistent increase in CV, with a notable percentage growth that's attractive for investors. The recent sale history and rapid appreciation of the capital value highlight the property's potential as a sound financial investment. This is further supported by its location, which provides easy access to local amenities and main arterial routes.

For families with children, the property falls within the zones of Fairfield Intermediate and Peachgrove Intermediate, both with a decile rating of 5, indicating a high standard of education. Additionally, Insoll Avenue School, a contributing school with a decile rating of 1, is also in close proximity, offering a diverse range of educational options for the family.

Updated on August 28, 2024