This substantial 4-bedroom brick home at 13 Dorchester Place, Nawton, Hamilton, boasts a master bedroom with a walk-in wardrobe and ensuite, alongside an open plan kitchen/dining and lounge area that leads to a massive outdoor decking area, perfect for sunbathing and entertaining with views towards the city. The property, built in 2004, features good condition brick walls and tile roofing, spans over a floor area of 170m² with a land area of 650m², and is situated on a level contour. It benefits from a double internal access garage, good off-street parking, and is currently tenanted with tenants keen to stay. Although a bit tired, a little sprucing up could easily add style and value to this freehold property.
From a financial perspective, the property has seen a significant increase in capital value, from $570,000 in September 2018 to $880,000 in September 2021, marking a 54.39% increase. The latest HouGarden AVM estimates the property's value at $842,500. Historically, it was sold for $272,000 in May 2004, shortly after a sale for $57,500 in April 2003, indicating a strong growth in value over the years.
Education-wise, the property falls within the zone for Hamilton's Fraser High School, a secondary school (Year 9-15) with a decile rating of 4, ensuring access to quality education for residents.
Updated on April 04, 2024.