Nestled in the serene Melville, this 3-bedroom, 1-bathroom residence on a cross-lease title is a charming blend of comfort and potential. Constructed in 1980 with fibrous cement walls and an iron roof, it stands as a testament to enduring quality. The property boasts a floor area of 110 square meters, a single carpark, and a heat pump for temperature control throughout the year. The Tawa Street address not only offers tranquility in this quiet cul-de-sac but also convenient access to amenities, including the Waikato Hospital. Notably, the capital value has seen a significant increase from $365,000 in 2018 to $610,000 in 2021, reflecting a growth rate of 67.12%. The latest sale in 2023 was at $522,000, while the HouGarden AVM estimates the property at $592,500.
For families with children, the property falls within the zones of Hamilton West School, a full primary with a decile rating of 5, and Deanwell School, a contributing school with a decile rating of 3. This combination of location and value makes it an attractive prospect for both first-time buyers and investors.
With a fully fenced yard and a playground next door, this home is ready to embrace the laughter of children and the contentment of family life. It's a chance to own a slice of Melville's allure—don't let it slip by.
Updated on July 18, 2024