Nestled in the serene Hillcrest, this charming residence at 2/43 Archers Road boasts a brick exterior and a tiled roof, standing testament to the solid construction of the 1970s. It is a 2-bedroom, 1-bathroom home with a single carpark, and an open plan living area that exudes warmth and comfort. The cross-lease title adds to the property's unique appeal. With a CV of $835,000 as of June 2021, this home has seen a remarkable increase of 17.61% from its $710,000 valuation in July 2017, showcasing its investment potential. The property's contour is level, and both the walls and roof are in good condition, ensuring low maintenance for the new owner.
History reveals a promising trend, with the latest sale in 2017 fetching $642,000, a significant jump from the previous sale in 2012 at $327,500. The HouGarden AVM estimates the property's worth at $800,000, making it an attractive opportunity for buyers. This home not only offers a peaceful lifestyle in a quiet cul-de-sac but also falls within the zones of esteemed schools such as Marlborough School and Sunnybrae Normal School, both with a decile rating of 7, and Northcote Intermediate and College, offering diverse educational options.
Located in a family-friendly pocket, the property is close to Marlborough Park, providing ample space for recreational activities. It's an ideal choice for first-home owners and investors, with easy access to local amenities and a short commute to the CBD. This well-maintained property in a highly convenient location is a rare find, and interested buyers are encouraged to act swiftly.
Updated on April 24, 2024