4/85 Normandy Avenue, Melville, Hamilton

Nestled in a serene cul-de-sac on Normandy Avenue, Hamilton, this 3-bedroom unit with a single carpark presents an attractive opportunity. Constructed in 2017 with mixed materials for the walls and iron for the roof, the property stands in good condition both inside and out. The unit title offers a sense of ownership in this residential complex, which boasts a floor area of 119 square meters. The heat pump ensures year-round comfort, while the level contour adds to the ease of living in this conveniently located home.

With a government valuation of $685,000 as of September 2021, a significant increase of 37% from the $500,000 valuation in 2018, the property's capital value growth is impressive. The HouGarden AVM estimates the property's worth at $690,000, closely mirroring the latest sale history of $515,000 in 2017 and $475,000 in 2015. This is a clear indicator of the investment potential in this prime location.

For families with children, the school zone is a significant draw. The local schools are highly rated, ensuring access to quality education. This property not only offers comfort and convenience but also a promising future for both living and investment.

Updated on September 06, 2024