Nestled in the serene cul-de-sac of Menear Lane, this 1975-built, freehold property boasts 3 bedrooms, 1 bathroom, and a single carpark, spread over a floor area of 120 sqm on a land area of 637 sqm. The residence, with its iron roof and fibrous cement walls in good condition, stands out with a steep rise contour and a split-level design that's the envy of modern architects. The capital value has seen a significant increase of 37.63% from $970,000 in 2017 to $1,335,000 as of June 2021. The HouGarden AVM estimates the property at $1,228,500, while the latest sale in 2014 was for $729,000.
With a CV increase that outpaces the market, this property is not just an investment but a statement of style and form. The recent valuation and sales history reflect the property's allure, while the quiet locale adds to its appeal. The large living area extends to a sunroom and deck, making it ideal for entertainment, and the dining room is versatile for any lifestyle. The undeveloped backyard presents a blank canvas for the imaginative buyer.
Educationally, the property falls within the zones of Willowpark School (Decile 9), Northcote Intermediate School (Decile 6), and Northcote College (Decile 7), ensuring access to quality education. Hillcrest's popularity is undeniable, with its proximity to malls, easy motorway access, numerous transport options, and a wealth of local amenities, cafes, and recreational spaces.
Updated on November 08, 2024