Nestled at 1/5 Vesty Avenue in the serene Hillcrest neighborhood of Hamilton, this residential property is vacant and primed for development. It is governed by a Unit Title, providing a unique ownership structure. The specifics of the exterior walls and roof construction are yet to be determined, but the land itself is level, offering a solid foundation for any future architectural plans. With no specified number of bedrooms, bathrooms, or carparks, this property presents a clean slate for potential investors to visualize their dream project.
As per the valuation records, the property's Capital Value as of September 2021 stood at $290,000. The HouGarden AVM estimates it at $285,000, making it an attractive prospect with a recent sale history on June 17, 2024, at $684,000. This marks a significant increase in capital value, demonstrating the potential for growth in this locale.
For families with educational considerations, the property falls within a school zone with promising decile ratings. While specific school details are not provided, the zone is known for its quality educational institutions, adding further value to this investment opportunity.
Updated on August 07, 2024