Nestled in the serene cul-de-sac of Cliff View Drive, this freehold property boasts a charming 3-bedroom, 1-bathroom residence with a generous 4-car park capacity. Constructed in 1954 with wood exterior walls and tile roofing, the 100sqm floor area is complemented by a 1,055sqm land area with an easy/moderate fall contour. The property's capital value has seen a significant increase from $900,000 in 2017 to $1,275,000 as of June 2021, reflecting a growth rate of 41.67%. The home, while in its original condition, holds immense potential for renovation and is perfect for those looking to capitalize on the property's estimated value of $1,285,000 according to HouGarden AVM.
With a rich history and potential for further development, this property is situated in a sought-after school zone. Green Bay Primary School, rated a decile 7, and Green Bay High School, a decile 8, are both within the catchment area. The location is not only convenient for families but also presents a golden opportunity for investors and developers eyeing the residential mixed housing suburban zone.
Don't let this chance slip by to own a piece of prime real estate in one of Green Bay's most popular streets, with easy access to parks and the village. This is where potential meets possibility, and it's waiting for you to unlock its true worth.
Updated on September 27, 2024