Nestled in the serene Waterview, this 1991-built residence at 5/26 Fairlands Avenue boasts 3 bedrooms and a floor area of 128 square meters. The home, sitting on an easy-to-moderate fall contour, features fibrous cement walls and an iron roof, both in good condition. It is under a Cross-Lease ownership type. The property has seen a 42.86% increase in Capital Value from $770,000 in July 2017 to $1,100,000 as of June 2021. The HouGarden AVM estimates the property's value at $1,052,500, while the latest sale was recorded at $482,250 in July 2010.
With a CV growth that outpaces the market, this property is not just an investment but a lifestyle choice. It's located in a quiet cul-de-sac, just 10 minutes from the CBD, near Point Chevalier beach, and is surrounded by parks, local cafes, and shopping malls. The nearby schools include Waterview School (Decile 3), Avondale Intermediate (Decile 2), and Avondale College (Decile 4), ensuring quality education for the family.
Enjoy the privacy and coastal vibe in this low-maintenance modern home, with mesmerizing sea views from the upper level and sun-kissed living spaces downstairs. The recent kitchen upgrade and the addition of a guest powder room and a separate lounge/family room make this home an inviting and stylish retreat.
Updated on October 22, 2024