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Nestled in the serene Bayswater Crescent, this 2-bedroom, 1-bathroom residential unit is a cozy haven that invites comfort and convenience. Constructed in 1979 with a robust fibrous cement exterior and an iron roof, both in good condition, this cross-lease property offers a level contour and a floor area of 70 square meters. The home is equipped with a heat pump and woodburner, providing warmth in the winter and coolness in the summer, creating an inviting atmosphere perfect for leisurely evenings. The property has seen a significant Capital Value (CV) increase of 62.26%, from $265,000 in 2019 to the current $430,000 as of August 2022. The HouGarden AVM estimates the property value at $402,500, making it an attractive opportunity for investors and homeowners alike.
With a rich history of government valuations and recent sales, this property presents a sound investment. The location is further enhanced by its proximity to a range of schools, including Middleton Grange School (Decile 9), Hillview Christian School (Decile 7), and others, catering to various educational needs. The accessibility to shopping, reserves, and waterways adds to the appeal, offering a lifestyle that balances relaxation and outdoor activities.
For families with school-aged children, the property falls within a desirable school zone. With a variety of schools, such as Bromley School (Decile 3), Christchurch Adventist School (Decile 5), and Hagley Community College (Decile 6), the educational options are diverse and of high quality. This property is not just a home; it's an opportunity to be part of a thriving community.
Updated on July 10, 2024
