Nestled in the serene Melville neighborhood on 59a Mount View Road, Hamilton, this residential dwelling is a freehold property that promises potential. Built in 1950 with mixed materials for the walls and tiles for the roof, it offers an average condition that's perfect for the DIY enthusiast. With 3 bedrooms, 1 bathroom, and a single carpark, the property sits on a 499sqm site with a floor area of 100sqm. The property's capital value has seen a significant increase from $405,000 in 2018 to $650,000 in 2021, reflecting a growth of 60.49%. This home is set on an easy/moderate rise contour, inviting transformation of its outdoor area.
Valuation history shows a promising trend, with the HouGarden AVM estimating the property's worth at $592,500. This is a home that's not just about the numbers; it's about the potential and the location, closely situated to Waikato Hospital and Hamilton Lake. The recent sale history and rapid CV increase indicate a popular and upcoming property in the market.
For families with children, the property falls within the Deanwell School zone, a contributing school with a decile rating of 3. This combination of a renovator's delight and a family-friendly location makes it an opportunity not to be missed.
Updated on December 13, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
0.13 km | 3 | 180m2 | Year 2024 Month 09 Day 08 | $745,000 | Council approved | |||
 | 0.10 km | 2 | 1 | 123m2 | Year 2024 Month 08 Day 05 | $650,000 | Council approved | |
 | 0.03 km | 4 | 1 | 91m2 | Year 2024 Month 07 Day 24 | $670,000 | Council approved | |
 | 0.24 km | 3 | 1 | 160m2 | Year 2024 Month 07 Day 04 | $607,000 | Council approved | |
 | 0.27 km | 3 | 107m2 | Year 2024 Month 07 Day 01 | $680,000 | Council approved |