544 Grey Street, Hamilton East, Hamilton

Nestled in the prestigious Hamilton East, this charming 2-bedroom, 1-bathroom residence with a single carpark is set on a freehold title. Constructed in 1940, the property features brick walls and a tiled roof, both in average condition, and is positioned on a levelled 1064sqm of land. The capital value has seen a remarkable increase of 55.56% from $540,000 in 2018 to $840,000 in 2021, while the HouGarden AVM estimates it at $780,000. The last sale was in 1991 for $136,000, highlighting the investment potential of this property.

For families, the property falls within the decile 5 Peachgrove Intermediate and the decile 7 Marian Catholic School, while Hamilton Boys' and Girls' High Schools are also in close proximity. This prime location not only offers access to top educational institutions but also to Hamilton's amenities and the tranquility of the riverfront, making it an ideal blend of convenience and lifestyle.

Whether you're looking to renovate and transform this home into a family haven or considering land banking for future development, this property presents a golden opportunity in a highly sought-after area.

Updated on June 04, 2024