Nestled in the prestigious Blockhouse Bay, this 3-bedroom residential property on 822sqm of freehold land is a gem. Constructed in the 1950s with robust brick walls and tiled roofing, it boasts an average wall condition and a good roof condition. The interior features 3 bedrooms, 2 lounges, an open plan living/kitchen/dining area, a combined bathroom, a separate laundry, and a sunny deck. It also includes a spacious garage. The property, with a current Capital Value (CV) of $1,550,000, has shown a remarkable growth of 58.16% since 2017. The HouGarden AVM estimates it at $1,537,500, while the latest sale in 2002 was for $302,000. This property is in a cul-de-sac, enhancing its tranquility, and is within the decile 5 Blockhouse Bay Intermediate, decile 4 Chaucer School, and decile 6 Lynfield College zones.
With a CV increase that outpaces the market, this property is not just a home but a sound investment. The potential for refurbishment or redevelopment makes it even more attractive, especially in a prime location with easy access to amenities, motorways, and more.
For families with school-aged children, the school network is a significant plus. The well-regarded schools in the area promise a quality education for your loved ones.
Updated on November 05, 2024