16c Dowding Street, Melville, Hamilton

Nestled in the serene Melville neighborhood of Hamilton, at 16c Dowding Street, lies a charming residential unit, perfect for health professionals, first-time buyers, or investors. This 2006-built home boasts 2 bedrooms, 1 bathroom, and a carpark, with a floor area of 46 square meters. The exterior is clad in fibrous cement walls and an iron roof, both in good condition. It sits on a level contour, offering ease of access. The property is under a Unit Title, providing a sense of community and professional management.

Since 2018, the Capital Value (CV) has seen a remarkable increase of 37.88%, reaching $455,000 as of September 2021. The HouGarden AVM estimates the property at $445,000, while the latest sales in 2021 and 2016 were at $438,386 and $290,000 respectively. This studio-style unit with a heat pump for year-round comfort and a small yard for a vegetable garden is not just a home but a sound investment.

For families with children, the property falls within the zones of Marian Catholic School (Decile 7) and Hamilton West School (Decile 5), ensuring quality education is within reach. This property offers outstanding value in a sought-after location, and such opportunities are rare indeed.

Updated on August 13, 2024