Nestled in the serene Avondale locale, on 8c Ruahine Street, lies this nearly new, expansive 5-bedroom freehold property. Constructed in 2022 with iron roofing and wooden walls in good condition, the residence spans a floor area of 215 square meters on a land area of 219 square meters, enjoying an easy/moderate rise contour. The home boasts a generous layout with the convenience of a heat pump, and is complemented by a low-maintenance backyard deck for outdoor enjoyment. Notably, it resides within the coveted zone of Avondale College (Secondary, Decile 4) and Glenavon School (Full Primary, Decile 1), adding to its allure. As for financials, the property's Capital Value (CV) as of June 2021 stands at $1,350,000, with a HouGarden AVM estimate of $1,357,500 and a latest sale record of $1,270,000 in July 2022, indicating a promising growth trajectory.
With a CV increase that speaks volumes of its investment potential, this property is not just a home but a smart investment. The recent sale history and AVM estimate reflect a healthy real estate market, making it an attractive opportunity for both families and investors. The property's convenient access to LynnMall, train station, bus station, and motorways further enhances its appeal, offering ease of living and connectivity.
For families with school-aged children, the property's location within the Avondale College and Glenavon School zones is a significant advantage. Both institutions are well-regarded, with Avondale College being a Secondary school with a Decile rating of 4, and Glenavon School offering a Full Primary education with a Decile rating of 1. This property presents an ideal blend of quality education and comfortable living.
Updated on September 09, 2024