Nestled in the esteemed Cockle Bay, this 1930-built, freehold property at 15 Sea View Terrace boasts 4 bedrooms, 2 bathrooms, and 2 car parks. The 178sqm floor area is complemented by a 500sqm land area, with exterior walls crafted from wood and an iron roof. Currently valued at $1,600,000, the property has seen a CV increase of 23.08% since 2017. The residence is graced with average wall and roof conditions, set on an easy/moderate rise contour, and offers panoramic sea views. The latest sale was in 2015 for $920,000, with a HouGarden AVM estimate of $1,562,500.
With a rich history of valuation, this property presents a compelling investment. The government's capital value has risen from $1,300,000 in 2017 to its current figure, reflecting a robust growth trend. The recent HouGarden estimate further underscores its market worth.
For families, the property falls within the zones of top-rated schools, including Star of the Sea School (Decile 9), Howick College (Decile 8), Somerville Intermediate School (Decile 10), Shelly Park School (Decile 10), and Sancta Maria College (Decile 7), ensuring a quality education for children of all ages.
Updated on September 02, 2024