Located at 85a Dominion Road, Nawton, Hamilton, this residential dwelling is a testament to the charm and durability of 1980s architecture. With its brick walls and tile roof, both in good condition, this property promises low maintenance living. It features three bedrooms, one bathroom, and a single carpark, spread over a floor area of 110 square meters. The property is on a level contour and comes with a Cross-Lease ownership type, making it an ideal choice for those looking for a hassle-free property investment.
Since 2017, the capital value of this property has seen a significant increase, from $425,000 in September 2018 to $650,000 in September 2021, marking a 52.94% growth. The latest sale in December 2023 recorded a price of $552,000, up from $420,000 in May 2017. The HouGarden AVM estimates the property's value at $622,500, highlighting its potential as a lucrative investment or a dream home for first-time buyers.
The property is zoned for Hamilton's Fraser High School (decile 4), Nawton School (decile 2), and Maeroa Intermediate (decile 3), offering a range of educational options for families. Its location provides easy access to local amenities, The Base/Te Rapa, and the city centre, ensuring convenience and a quality lifestyle.
Updated on April 06, 2024.