Nestled on a prime River Road address in Chartwell, Hamilton, this residential dwelling boasts 4 bedrooms and a spacious floor area of 238 sqm. Constructed in 1960 with durable brick walls and an iron roof, the property is complemented by a level contour and an average condition for both walls and roof. It sits on a generous 609 sqm of freehold land, offering a solid investment opportunity with a capital value of $1,175,000 as of September 2021, marking a 46.875% increase since 2018. The property is complete with an open-plan living area, modern kitchen, and two off-street parks, in addition to a double-car basement garage.
With a HouGarden AVM of $1,125,000 and a latest sale history of $725,000 in 2019, this property has a proven track record. The government valuation has shown consistent growth, reflecting the property's appeal and potential. Moreover, the convenient location within walking distance of Woodstock School (Decile 5) and Fairfield Intermediate (Decile 5) adds to the property's allure, making it an ideal choice for families.
Enjoying a quiet cul-de-sac setting, the property is close to Donny Avenue Shopping Centre, Daycare Centre, and various parks, with easy access to public transport and the expressway. Both units are insulated, equipped with heat pumps, and provide ample storage, making this property a sharp investment opportunity not to be missed.
Updated on October 08, 2024