3 Mount View Road, Melville, Hamilton

Nestled at 3 Mount View Road, Melville, Hamilton, this freehold property is a charming residential dwelling built in 1950. It boasts 3 bedrooms, a spacious floor area of 104 square meters, and is set on a levelled 424 square meter section. The house features wood exterior walls, an iron roof, and is in average condition both inside and out. With a recent exterior repaint, it presents a solid and well-maintained investment opportunity.

Since September 2018, the capital value has seen a remarkable increase of 65.79%, jumping from $380,000 to the current $630,000. The HouGarden AVM estimates the property at $602,500, while the latest sales in 2024 and 2014 were at $615,000 and $340,000 respectively, indicating a consistent growth trend. This is a property that promises a sound return on investment.

For families with children, the property falls within the Deanwell School zone, a contributing school with a decile rating of 3. Its proximity to various educational institutions, supermarkets, and the Waikato Hospital, makes it an ideal choice for both first-time buyers and investors. This property not only offers a convenient lifestyle but also conforms to the healthy home standards, ensuring a comfortable living environment for all.

Updated on April 10, 2024