19 Patricia Avenue, Hamilton East, Hamilton

Discover the potential of 19 Patricia Avenue, Hamilton East, a spacious 5-bedroom 1960's brick home nestled on a generous flat 1006m2 parcel of land. This property, boasting a single carpark, 155m2 of floor area, and freehold ownership, is a canvas awaiting your personal touch. With its iron roof and brick walls both in average condition, and a level property contour, it presents an excellent opportunity for renovation or to hold as a landbank. Its location opposite Patricia Ave School and near Hamilton Boys High School enhances its appeal, offering convenience and potential in a sought-after area.

The property has seen a remarkable capital value increase from $570,000 in September 2018 to $900,000 in September 2021, marking a 57.89% growth. Despite this, the latest sale on January 18, 2024, was at $750,000, slightly below the HouGarden AVM of $862,500, indicating a unique opportunity for investors or families looking to enter the market at a competitive price point.

Education is a priority, with the property zoned for several schools including Peachgrove Intermediate (decile 5), Marian Catholic School (Hamilton) (decile 7), Hamilton Boys' High School (decile 7), Hamilton East School (decile 4), and Hamilton Girls' High School (decile 6). This diverse range of educational institutions ensures options for families with children of different ages and educational needs.

Updated on April 06, 2024.