2/85 Normandy Avenue, Melville, Hamilton

Nestled in a serene cul-de-sac at 2/85 Normandy Avenue, Melville, Hamilton, this modern 3-bedroom townhouse, built in 2017, boasts an impressive government capital value increase of 37%. It is situated on a level contour with mixed-material walls and an iron roof, both in good condition. The property, with a floor area of 119 square meters and a single carpark, is under a Unit Title ownership. The townhouse is a short walk from the Waikato DHB, making it an ideal choice for medical professionals or those seeking convenient access to healthcare facilities. Additionally, it offers convenient commute times to other parts of Hamilton, thanks to its proximity to Cobham Drive and the motorway.

As per the valuation records, the property's capital value has risen from $500,000 in September 2018 to $685,000 in September 2021. The HouGarden AVM estimates the property's value at $637,500, while the latest sale was recorded in April 2016 for $475,000. This townhouse is not only an attractive investment opportunity but also a comfortable home, being fully compliant with Healthy Homes standards and featuring a master bedroom with an ensuite.

For families with children, the school zone is another highlight. The property falls within a highly rated decile, ensuring access to quality education. This combination of location, comfort, and investment potential makes it a compelling choice for those seeking a modern, convenient, and valuable property in a family-friendly neighborhood.

Updated on June 13, 2024