Nestled in the serene Browns Bay, at 1/12 King Richard Place, this residential ownership home unit boasts 2 spacious bedrooms, a separate W/C, and an open plan living and dining area. Constructed in 1970 with iron roofing and wooden walls in good condition, it sits on an easy/moderate rise property. The home features a kitchen with sea views, a private patio for entertainment, and a single garage with additional off-street parking. It is a cross-lease property with a floor area of 120sqm. As for its value, the capital value has seen a 10.53% increase from $760,000 in 2017 to $840,000 in 2021. The HouGarden AVM estimates it at $842,500, while the latest sale was in 2001 for $198,000. The property is in a top decile school zone, including Sherwood School, Northcross Intermediate, and Long Bay College, making it an ideal choice for families.
Updated on September 13, 2024