54 Pine Avenue, Melville, Hamilton

Nestled in the serene Melville neighborhood of Hamilton, this charming 5-bedroom, 2-car park home on a cross-lease title presents an opportunity not to be missed. Constructed in 1950 with wood walls and an iron roof, it exudes a perfect blend of classic charm and modern comfort. The property has seen a significant Capital Value increase of 57.6% over the past three years, from $425,000 to the current $670,000. The average condition of both walls and roof is complemented by a partially double-glazed, gas-filled window setup for a quiet and cozy living environment.

With a government-estimated value of $670,000 and a HouGarden AVM of $612,500, this property's latest sale history includes transactions in 2004 and 1998. The increasing CV reflects a promising investment opportunity. The residence, with a floor area of 119 square meters, is move-in ready, thanks to its recent renovations and fresh paint, making it an ideal choice for those seeking both style and practicality.

Educationally, the property falls within a desirable school zone, enhancing its appeal for families. The nearby schools, known for their high decile ratings, ensure a quality education for children. This home not only offers convenience to local amenities such as hospitals, churches, playgrounds, and shopping centers but also provides a peaceful retreat in a quiet cul-de-sac, making it an attractive prospect for both homeowners and investors.

Updated on December 16, 2024