Nestled in a serene cul-de-sac at 13 Quibray Place, Botany Downs, this residential-vacant land presents a golden opportunity for ambitious development. The freehold property, built in 1970 with robust brick walls and tiled roofing, is in good condition and spans 827sqm. It currently features a 140sqm floor area with 3 bedrooms, 2 bathrooms, and 3 car parks. The site is approved for the construction of 4 free-standing dwellings, with the development contributions fee already settled by the vendors at $42,052.05. The capital value has seen a remarkable increase of 78.95% from $950,000 in 2017 to $1,700,000 as of June 2021, with a HouGarden AVM estimate of $1,655,000. The latest sale was for $1,500,000 in April 2021, a significant jump from the $171,500 sale in 1993.
Educationally, the property falls within the zones of esteemed schools, including Botany Downs School and Star of the Sea School, both with a decile rating of 9, Howick College at decile 8, Sancta Maria College at decile 7, and Howick Intermediate at decile 4. This ensures a quality education for families in the area.
With Howick Shops, Meadowlands Plaza, and Botany Town Centre in close proximity, this property not only offers a tranquil living environment but also unparalleled convenience. The existing house provides modern open-plan living with 3 double bedrooms, a bathroom, an extra toilet, and a carport. This is a unique opportunity to create a quiet haven while being connected to the best that the local community has to offer.
Updated on August 23, 2024