Introducing a meticulously renovated two-bedroom unit at 97b Pine Avenue, Melville, Hamilton, offering a harmonious blend of comfort and convenience. This property, ideal for first home buyers or those looking to downsize, features a floor area of 90m², with two bedrooms, one bathroom, and a single carpark. Constructed in 1976, the building boasts a brick exterior with tile roofing, both in good condition, and sits on a level cross-lease land. The heart of this home is its modern kitchen, equipped with sleek countertops and appliances, leading to a private patio. The property ensures a low-maintenance lifestyle, further complemented by a single garage for secure parking and additional storage.
From a financial perspective, the property has seen a significant increase in capital value, growing from $330,000 in September 2018 to $455,000 in September 2021, marking a 37.88% increase. The latest sale, in January 2024, was at $534,000, demonstrating the property's appreciating value. The HouGarden AVM estimates the property's value at $437,500, indicating a stable market perception.
In terms of education, the property is situated in a prime location, offering access to reputable local schools. This feature enhances the property's appeal to families and individuals prioritizing educational opportunities.
Updated on April 06, 2024.
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.15 km | 4 | 2 | -m2 | 2024 10 23 | $849,000 | Council approved | |
 | 0.16 km | 3 | 1 | 94m2 | 2024 09 24 | $680,000 | Council approved | |
 | 0.09 km | 2 | 1 | -m2 | 2024 08 13 | $381,000 | Council approved | |
 | 0.27 km | 3 | 1 | 99m2 | 2024 07 31 | $532,500 | Council approved | |
 | 0.21 km | 3 | 1 | -m2 | 2024 07 11 | $610,000 | Council approved |