Discover the charm of original Twizel living with this classic Reg 130 hydro house at 18 Cass Crescent, nestled in the heart of Twizel. This property, close to local amenities, offers a unique opportunity for enhancement. Featuring three bedrooms, one bathroom, and a single garage, along with a floor area of 67m2 and a generous land area of 675m2, this freehold property is a testament to the era of its construction in 1970. The fibrous cement walls and iron roof, both in average condition, encapsulate the robustness of its time, while the level property contour lays the foundation for potential landscaping endeavors.
Since its last sale in January 2024 for $475,000, the property has seen a significant capital value increase of 20% from $425,000 in October 2020 to $510,000 in July 2023, showcasing its growing appeal in the market. The HouGarden AVM estimates its value at $490,000, indicating a steady appreciation. This growth trajectory, coupled with its historical sale price of $43,000 in November 1997, underscores the property's enduring value and potential for further capital gains.
Positioned within the esteemed zones of Craighead Diocesan School and Roncalli College, with decile ratings of 9 and 7 respectively, this property promises an advantageous educational environment for families. The secondary schools, catering to years 7-15 and 9-15, are renowned for their quality education, making 18 Cass Crescent an ideal location for those prioritizing academic excellence for their children.
Updated on April 05, 2024.