Nestled in the heart of Glen Eden at 2/52 Rua Road, this recently constructed 2-bedroom, 1-bathroom residential unit is a prime example of modern living. Embracing a freehold title, the property sits on a level 60sqm section with a well-maintained wood exterior and iron roof. The interior spans a cozy 66sqm, perfect for a starter home or investment opportunity. Since the Code Compliance Certificate and New Titles have been issued, the home is move-in ready. The property's competitive price point offers exceptional value and a convenient entry into the real estate market, with a rental appraisal ranging from $630 to $650 per week. The home boasts contemporary features such as a heat pump, LED lighting, double glazing, a security alarm, and quality kitchen appliances, all set within a fully fenced private yard. With a CV of $650,000 and a HouGarden AVM of $632,500, this property has shown a significant increase in value. Its convenient location, near shopping centers, medical facilities, and public transport, including Fruitvale and Glen Eden train stations, adds to its allure. For families, the school zone ratings and quality educational institutions are a further draw. Don't miss this chance to secure a property that combines comfort, style, and a strategic location.
Historically, the property has seen a substantial rise in its capital value, reflecting a promising investment return. The recent sale history and rapid CV growth percentage indicate a thriving property market in the area. This is an unbeatable deal for first-time buyers, investors, or those looking to downsize, offering an unparalleled opportunity to enter the market at an affordable price point.
When it comes to education, this property is within a highly sought-after school zone. The local schools are well-rated, providing a quality education for children of all ages. This, coupled with the property's modern amenities and prime location, makes it an ideal choice for families.
Updated on August 20, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.22 km | 3 | 2 | -m2 | Year 2024 Month 11 Day 29 | - | Council approved | |
 | 0.20 km | 3 | 1 | 100m2 | Year 2024 Month 10 Day 24 | - | Council approved | |
 | 0.19 km | 2 | 1 | -m2 | Year 2024 Month 09 Day 18 | $520,000 | Council approved | |
 | 0.20 km | 3 | 1 | 0m2 | Year 2024 Month 07 Day 31 | - | Council approved | |
 | 0.01 km | 1 | 1 | -m2 | Year 2024 Month 07 Day 01 | $490,000 | Council approved |