Positioned in the serene environment of 5/5 Jones Crescent, Melville, Hamilton, this delightful 2-bedroom, 1-bathroom unit is an exemplar of modern living. Constructed in 2017 with a mix of materials for the walls and iron for the roof, this unit exudes a sense of solidity and quality. The unit title ensures clear ownership rights, while the well-maintained walls and roof are a testament to the property's youth. Inside, the floor area of 74 square meters provides ample space for a family to grow or for an investor to capitalize on. The property's capital value has seen a rapid increase from $410,000 in September 2018 to $550,000 in September 2021, reflecting a growth rate of 34.15%. The HouGarden AVM estimates the property's worth at $552,500, closely aligning with the latest sale on September 28, 2021, at $550,000. This unit is not only about numbers; it's about lifestyle. It's a stone's throw from Waikato Hospital and within walking distance to the serene Hamilton Lake, offering the best of both convenience and relaxation. The heat pump ensures year-round comfort, and the double glazing adds an extra layer of warmth and tranquility. The property falls within a highly regarded school zone, ensuring access to quality education for the family.
For those looking to invest or nestle down, this property presents a golden opportunity. Its strategic location, coupled with the increasing capital value, makes it an attractive prospect for investors, while the comfortable layout and peaceful surroundings make it an ideal nest for young families or professionals. Don't let this chance slip by. Embrace the tranquility of a quiet cul-de-sac and the convenience of a location that has it all.
Education is a cornerstone of any community, and this property is no exception. Falling within a school zone that boasts high decile ratings, the nearby schools are well-regarded and offer a quality education. Whether you're starting a family or looking to provide the best for your children, this property is in the heart of an educational haven.
Updated on September 03, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.20 km | 3 | 2 | 127m2 | Year 2024 Month 12 Day 03 | $632,500 | Council approved | |
0.06 km | 3 | 139m2 | Year 2024 Month 10 Day 26 | $645,000 | Council approved | |||
 | 0.09 km | 3 | 1 | 80m2 | Year 2024 Month 09 Day 22 | $665,000 | Council approved | |
 | 0.06 km | 3 | 139m2 | Year 2024 Month 07 Day 03 | $642,000 | Council approved | ||
 | 0.25 km | 3 | 1 | -m2 | Year 2024 Month 06 Day 26 | $645,000 | Council approved |