1/12 Scotland Place, Hillcrest, Hamilton

This spacious townhouse, located at 1/12 Scotland Place, Hillcrest, Hamilton, is a modern marvel built in 2019. Nestled at the end of a quiet cul-de-sac, it's a stone's throw away from Waikato University. The property boasts a triple-story layout with a 1.5 car garage on the ground floor, a sunny living area with a modern open kitchen on the first floor, and four master bedrooms, each with its own ensuite, spanning from the ground to the top level. Constructed with mixed materials for the walls and an iron roof, both in good condition, this home sits on a unit title with a floor area of 146 square meters. Its contour is described as easy/moderate rise, making it an attractive choice for families and investors alike.

Since its last sale in January 2020 for $669,000, the property has seen a significant increase in capital value, from $490,000 in September 2018 to $875,000 in September 2021, marking a 78.57% growth. The HouGarden AVM currently estimates its value at $837,500, highlighting its potential as a lucrative investment. This property is not just a home but an opportunity for consistent rental income, making it an ideal choice for those looking to nest or invest.

Zoned for all popular Hillcrest schools, including Hillcrest Normal, Berkley Middle, and Hillcrest High School, this property offers excellent educational opportunities. With decile ratings ranging from 4 to 8, the local schools cater to a broad spectrum of learning environments, from intermediate to secondary levels. Its prime location provides easy access to local shopping centers, amenities, and the new expressway, making travel to Hamilton North, Auckland, Tamahere, and Cambridge a breeze. Its proximity to the Inland Port development site adds to its investment appeal.

Updated on April 06, 2024.