24 Howell Avenue, Riverlea, Hamilton

Located at 24 Howell Avenue, Riverlea, Hamilton, this 1970s townhouse presents a unique opportunity for first home buyers, investors, or retirees. With 2 bedrooms, a modernised bathroom with a separate toilet, and the added convenience of an internal laundry and garage (currently used as a 3rd bedroom), this property caters to a range of needs. The spacious living room, featuring large windows from floor to ceiling, allows sunlight to filter through all day, keeping the home naturally warm. This is further complemented by a ventilation system that keeps the home moisture-free. The modern kitchen is both practical and functional, offering plenty of cupboard and bench space, a dishwasher, and picturesque views from outside. While some improvements could enhance this split stone brick home, the potential rewards are significant. A strategically placed heat pump maximizes warmth/cooling, and new carpet has been laid. This property is Healthy Home compliant, making it appealing to both investors and first-time owners. Its desirable location is near river walks, popular cafes/restaurants, and is zoned for sought-after schools like Berkley Intermediate and Hillcrest High School.

The property has seen a significant increase in capital value, from $415,000 in September 2018 to $630,000 in September 2021, marking a 51.8% increase. The latest HouGarden AVM estimates the property's value at $602,500, with the most recent sale in February 2024 fetching $565,000, up from $459,000 in September 2019.

Zoned for excellent schooling options, the property falls within the catchment areas for Marian Catholic School (Hamilton) and Hillcrest High School, both with a decile rating of 7, Berkley Normal Middle School with a decile of 8, and Hillcrest Normal School, also with a decile of 8. These schools offer a range of educational opportunities, from full primary to secondary (Year 9-15) and restricted composite (Year 7-10) levels.

Updated on April 05, 2024.