2/63 Nixon Street, Hamilton East, Hamilton

Nestled in the desirable Hamilton East, this 1960s brick unit offers an entry-level opportunity into a friendly and sought-after neighborhood. The 2-bedroom, 1-bathroom home, with a single carpark, sits on a cross-lease title and features a roof and walls constructed of iron and brick respectively. Measuring approximately 78 square meters, the property includes a sunlit living space with a heat pump, kitchen with backyard access, a laundry room, and a bathroom with a shower over the bath. Despite being in original condition, the home is tidy and comfortable, boasting immense potential for enhancement and value addition. The property's CV has seen a significant increase from $355,000 in 2018 to $550,000 as of 2021, reflecting a growth of 54.93%. The HouGarden AVM estimates the property at $510,000, while the latest sales history shows transactions at $239,000 in 2015 and $204,000 in 2012. The location is prime, with the Hamilton East Village, Hamilton Gardens, and scenic river walks within walking distance. The property falls within the zones of several well-regarded schools, including Peachgrove Intermediate at a decile 5, Marian Catholic School at a decile 7, and Hillcrest High School at a decile 7.

For those seeking a cozy home in a neighborhood with an excellent school network, this property is priced to sell at $489,000 and should not be missed.

Updated on May 14, 2024