Nestled on a generous freehold section of over 1000sqm at 64 Pine Avenue, Melville, Hamilton, this 1960-built brick residence boasts three well-proportioned bedrooms and is complemented by a family bathroom. The property, with an average condition roof and walls, features an iron roof and brick exterior walls. It offers a floor area of 116sqm and includes a separate laundry, along with a standalone single garage and two car parks. The living space is designed for sun-filled days, and the kitchen is thoughtfully appointed. This home has seen a 59.5% increase in Capital Value from $420,000 in September 2018 to $670,000 in September 2021. The HouGarden AVM estimates the property's value at $622,500. The latest sale was recorded in April 2019 for $508,000, indicating a steady growth in value. It's an ideal opportunity for first home buyers and investors looking to enter the market at an ENTRY LEVEL ON OVER 1000m2.
For families with children, the property falls within a desirable school zone with excellent educational facilities. The location is convenient, with easy access to Hamilton's largest employer, Waikato Hospital, local parks, and Urlich Avenue Shops. The city center and Hamilton East's boutique shopping are both a short ten-minute drive away.
With a property category of Residential - Dwelling and a contour that is level, this home is set in a quiet cul-de-sac, offering a peaceful retreat while being centrally located.
Updated on July 12, 2024