1 Crescent Court, Melville, Hamilton

Nestled in the serene Melville neighborhood of Hamilton, at 1 Crescent Court, lies a charming residential dwelling on a freehold site. Constructed in 1980 with robust fibrous cement walls and an iron roof in good condition, this 81sqm home boasts two bedrooms, one bathroom, and a single car park. The property, set on a level 695sqm section, presents a golden opportunity for DIY enthusiasts, investors, and property traders seeking a rewarding project. With a government valuation (CV) of $570,000 as of September 2021, showcasing a 39.02% increase from the 2018 valuation of $410,000, this property's potential is undeniable. The HouGarden AVM estimates the property's worth at $520,000, while the latest sale history dates back to 1999 at $115,000 and 1990 at $79,000.

For families with school-aged children, the Hamilton West School, a full primary with a decile rating of 5, is a significant draw. This property falls within the school's zone, offering convenience and quality education. The combination of a desirable location, growth in capital value, and access to reputable schools makes this property an attractive prospect for both residents and investors.

Act now, as this property will be sold on auction, brought forward to Thursday, 5th December at 2:00PM. This is your chance to secure a property with immense potential in a sought-after location. Don't miss out on this opportunity to detonate or do-up and add value to your property portfolio.

Updated on December 09, 2024