97b Pine Avenue, Melville, Hamilton

Introducing a meticulously renovated two-bedroom unit at 97b Pine Avenue, Melville, Hamilton, offering a harmonious blend of comfort and convenience. This property, ideal for first home buyers or those looking to downsize, features a floor area of 90m², with two bedrooms, one bathroom, and a single carpark. Constructed in 1976, the building boasts a brick exterior with tile roofing, both in good condition, and sits on a level cross-lease land. The heart of this home is its modern kitchen, equipped with sleek countertops and appliances, leading to a private patio. The property ensures a low-maintenance lifestyle, further complemented by a single garage for secure parking and additional storage.

From a financial perspective, the property has seen a significant increase in capital value, growing from $330,000 in September 2018 to $455,000 in September 2021, marking a 37.88% increase. The latest sale, in January 2024, was at $534,000, demonstrating the property's appreciating value. The HouGarden AVM estimates the property's value at $437,500, indicating a stable market perception.

In terms of education, the property is situated in a prime location, offering access to reputable local schools. This feature enhances the property's appeal to families and individuals prioritizing educational opportunities.

Updated on April 06, 2024.