Nestled in a serene environment at 134 Ohaupo Road, Melville, Hamilton, this freehold property is a perfect blend of convenience and potential. Constructed in 1960 with fibrous cement walls and an iron roof, the dwelling boasts 4 bedrooms and 2 car parks, sitting on an 842 sqm section with a floor area of 180 sqm. The property has undergone recent improvements, including a new roof and exterior repaint, just in time for the festive season. Its capital value has seen a significant increase from $480,000 in 2018 to $730,000 in 2021, reflecting a growth rate of 52.08%.
With a HouGarden AVM estimate of $710,000 and a history of sales at $460,000 in 2017 and $350,000 in 2007, this property presents a sound investment opportunity. The latest valuation reflects its吸引力 in a sought-after location, close to Waikato Hospital, public transport, and amenities.
For families with children, the property falls within the Deanwell School zone, a contributing school with a decile rating of 3. This combination of attributes makes it an ideal choice for both first-home buyers and investors looking to rejuvenate a property with loads of potential.
Updated on July 23, 2024