Nestled in a serene cul-de-sac at 16b Dowding Street, Melville, Hamilton, this 46 sqm residential unit is a gem in the market. Built in 2006 with a solid fibrous cement exterior and an iron roof in good condition, it offers a 2-bedroom, 1-bathroom layout with a carpark. The unit is under a Unit Title, providing an easy ownership experience. The interior boasts a heat pump for year-round comfort, an array of chattels including a fridge, washing machine, and dryer, and a gas infinity system for endless hot water supply. The open plan living area features a freestanding stove and a dishwasher, complemented by abundant natural light and new carpet. Enjoying a prime location, it's perfect for medical workers or those seeking a lock-and-leave lifestyle, with Hamilton Gardens and Lake Rotoroa in proximity, and convenient access to State Highways 3 and 1C. The property's Capital Value has seen a growth of 37.14% from $350,000 in 2018 to $480,000 in 2021, with a HouGarden AVM of $485,000. The latest sale was for $425,000 in 2024, following a sale in 2016 for $296,000. It falls within the catchment of Marian Catholic School (Decile 7) and Hamilton West School (Decile 5), making it an ideal investment for families.
Updated on October 02, 2024