Nestled in the serene cul-de-sac of Weldene Avenue, this charming 1960's weatherboard residence on a freehold site of 502 sqm offers a cozy haven for first-time buyers, retirees, and savvy investors. The extensively renovated home boasts 3 bedrooms, a modern bathroom, and an open-plan living area that seamlessly transitions to a beautiful outdoor decking. It's equipped with a top-of-the-line kitchen, a single carpark, and ample storage space. The property, with an iron roof and wooden walls in average condition, has a capital value of $1,025,000 as of June 2021, reflecting a significant increase over the years. The HouGarden AVM estimates the property's value at $1,000,000, making it an attractive opportunity for those in search of a bargain.
With a history of steady capital value growth, this property presents a solid investment. The recently subdivided land and the newly issued title add to its allure. The developer's decision to cash out creates a timely opportunity for potential buyers to seize this renovated gem.
For families with children, the property falls within a highly sought-after school zone. The local schools are known for their high decile ratings, ensuring quality education for the young ones.
Updated on August 28, 2024