3/174 Coleraine Road, Hamilton VIC 3300

Renovated two-bedroom townhouse | Hamilton VIC 3300 | 276m² low-maintenance lot | Lockable single garage | Flood overlay noted The property is a fully renovated brick townhouse on a compact 276m² lot, offering a rare combination of move-in condition and low-maintenance living in a regional centre. The open-plan kitchen and living with gas heating and split-system air conditioning, plus built-in robes in both bedrooms, make it immediately livable for a downsizer or first-time buyer. The separate laundry and fully enclosed courtyard add practical convenience. For an investor, the current lease listing at $360 per week against a $349,000 purchase price suggests a gross yield near 5.4%, which is competitive for the area. The location within catchment for Hamilton North Primary School and proximity to Baimbridge College strengthens appeal for families. The lockable single garage is a genuine differentiator for a unit of this size and price point. The flood overlay is the primary risk, potentially affecting insurance costs and resale velocity; a buyer should verify the overlay’s impact with council and obtain a flood risk assessment before proceeding. The property last sold in 2004, so there is no recent transaction to benchmark condition or pricing trajectory. The estimated value range of $320,000–$370,000 suggests limited upside in the near term, but the current asking price sits near the midpoint, which is reasonable for a renovated unit. The NBN Fibre to the Node and 5G coverage support remote work viability, a secondary value add. This is best held as a steady-yield rental or a long-term owner-occupied home for someone seeking a lock-and-leave base in Hamilton.