724 River Road, Chartwell, Hamilton

Nestled in a serene and private position off a quiet cul-de-sac, this charming bungalow from the early 1900s at 724 River Road, Chartwell, Hamilton, offers a blend of historical elegance and modern comfort. With 3 bedrooms, 1 bathroom, and a single carpark, the 95sqm floor area is complemented by a cross-lease title. The property features wood walls and tiled roofing, both in average condition, sitting on a level contour. Extensive renovations include kitchen refurbishment, gas fire heating, and a heat pump for cooling, all enhanced by quality insulation.

As for the property's financials, the capital value has seen a remarkable increase from $560,000 in September 2018 to $850,000 in September 2021, a growth of 51.79%. The HouGarden AVM estimates the property at $815,000, with the latest sale recorded at $745,000 in August 2024, following a previous sale at $845,000 in April 2022.

For families, the property falls within the decile 5 Woodstock School and Fairfield Intermediate zones, ensuring access to quality education. The combination of a sought-after location, a touch of old-world charm, and an achievable price point makes this property an irresistible opportunity.

Updated on October 16, 2024