89 Ellicott Road, Nawton, Hamilton

Nestled in the serene environment of 89 Ellicott Road, Nawton, Hamilton, this freehold property boasts 5 bedrooms, 4 carparks, and a generous floor area of 167sqm on a land size of 1011sqm. Constructed in 1951 with brick walls and tiled roofing, both the walls and roof are in good condition. The property enjoys an easy/moderate rise contour and is currently split into two separate homes, offering flexibility as a home and income opportunity. Notably, both residences have undergone full rewiring and have separate driveway entries. The capital value has seen a significant increase from $560,000 in September 2018 to $1,200,000 in September 2021, reflecting a growth of 114.29%. The HouGarden AVM estimates the property's value at $1,190,000, while the latest sale was recorded on April 29, 2019, at $622,000.

For families, the property falls within the catchment area of Hamilton's Fraser High School (Decile 4), Aberdeen School (Decile 5), Maeroa Intermediate (Decile 3), and Frankton School (Decile 3), ensuring quality education options are within reach. This property presents an opportunity for development, land banking, or to continue as a home and income, all conveniently located near transport, schools, and shops.

Updated on November 29, 2024