25 May St, Hamilton is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 1071m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in June 2023.
Enviably set on a lush 1,071m2 (approx.) parcel of land, within a short stroll to the fabulous HIRL nature reserve and walking tracks and the abundant Pedrina Park sporting facility - this solid investment presents an extremely exciting opportunity for the savvy investor and sporting enthusiast alike.
Offering 3 good sized bedrooms (all with built in robes), central family bathroom, well-appointed kitchen (with freestanding oven and grill, 4 burner gas cooktop and an abundance of cupboard and bench space) that flows through to the light drenched dining and living area (with large split system, gas wall heater and huge windows that ooze tranquillity and natural light and a lovely built-in library).
For the savvy investors amongst you, this solid investment would bring you a fabulous $290 per week income rental return, equalling a sensational 5.5% return on your investment, that will have your accountant smiling from ear to ear and you laughing all of the way to the bank!
To round out this sensational package there is excellent fencing, and a carport direct to the home, plus a fabulous lock up garage and oversized workshop (on concrete, with lights, power and windows) and is complemented with a vast rear yard that is currently zoned into to two areas (with established orchard and chook shed) that will let your imagination run wild - an inspection of this feature packed property will delight the most fastidious of buyers.
Securing an easy one block walk to the fabulous Pedrina Park and HIRL nature reserve, plus easy access to the scenic Lake Hamilton walking tracks and moments to the thriving town centre, excellent local schooling and the multi-million-dollar HILAC indoor swimming and sporting facilities - you will love this quiet and central location.
This magnificent location also secures you a 30-minute picturesque drive to set you amongst the enchanting Halls Gap ranges or a 1-hour drive to Warrnambool and the world-famous Great Ocean Road.
The size of Hamilton is approximately 199.5 square kilometres. It has 28 parks covering nearly 3.2% of total area. The population of Hamilton in 2011 was 10,103 people. By 2016 the population was 9,981 showing a population decline of 1.2% in the area during that time. The predominant age group in Hamilton is 50-59 years. Households in Hamilton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Hamilton work in a professional occupation. In 2011, 71.2% of the homes in Hamilton were owner-occupied compared with 71.3% in 2016.
Hamilton has 6,348 properties. Over the last 5 years, Houses in Hamilton have seen a 66.89% increase in median value, while Units have seen a 48.82% increase. As at 31 October 2024:
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