Nestled in the serene Long Bay community, this vacant residential section at 10 Kumukumu Road offers a promising freehold opportunity. With a land area of 492sqm, it's a blank canvas for your dream home, potentially featuring a private backyard and a pool for outdoor enjoyment. The property boasts an unknown roof and wall construction, ready for your personal touch. The section is level, simplifying design and construction. Long Bay is an area renowned for modern living and tranquility, with easy access to Long Bay Regional Park and a range of amenities including a New World supermarket, cafes, and a medical center.
From a capital value of $820,000 in 2017, the property has seen a growth of 7.32% to reach $880,000 as of June 2021. The HouGarden AVM estimates the value at $820,000, while the latest sale in March 2021 was at $865,000. This indicates a consistent and promising increase in value.
For families with children, the property falls within the decile 10 school zones of Long Bay College (Secondary, Year 9-15), Long Bay School (Contributing), and Northcross Intermediate. These schools are highly sought after for their quality education, making this property an even more attractive investment.
Updated on July 01, 2024