Nestled in the serene Castor Bay, this 4-bedroom, 2-carpark residence is a gem on The Esplanade. Constructed in 1988 with a mix of materials for the walls and iron for the roof, the property stands in good condition, both inside and out. The home, on a level contour, is a cross-lease, offering a floor area of 320 square meters. The government’s capital value has seen an impressive increase from $4,385,000 in 2017 to $4,750,000 as of June 2021, reflecting a growth rate of 8.32%. The HouGarden AVM estimates the property’s worth at $4,710,000, while the latest sale was recorded in 1993 at $970,000.
With a CV below $4,375,000 in 2021, this property presents an opportunity not to be missed. It enjoys a prime location, just a stone’s throw from the beach, with views that are nothing short of sensational and all-day sun. The home is designed for flexibility, with two separate living areas, three full bathrooms, and a stunning new kitchen hub. It also features a cavity plaster system and is zoned for top-rated schools such as Westlake Boys' and Girls' High Schools, Campbells Bay School, and Murrays Bay Intermediate, all with impressive decile ratings.
For those seeking an idyllic family life within meters of the beach and park, this low-maintenance property is perfect. It's an unparalleled position that offers the best of both worlds - the tranquility of a quiet cul-de-sac and the convenience of being near esteemed educational institutions.
Updated on November 04, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.29 km | 4 | 191m2 | Year 2025 Month 01 Day 06 | $1,800,000 | Council approved | ||
 | 0.19 km | 3 | 2 | 230m2 | Year 2024 Month 12 Day 18 | - | Council approved | |
 | 0.32 km | 3 | 1 | 90m2 | Year 2024 Month 10 Day 23 | $1,400,000 | Council approved | |
 | 0.28 km | 4 | 5 | 316m2 | Year 2024 Month 09 Day 25 | $3,150,000 | Council approved | |
 | 0.29 km | 3 | 1 | 120m2 | Year 2024 Month 08 Day 28 | - | Council approved |