Nestled in the serene cul-de-sac of 50 Princes Avenue, this impressive 1970-built freehold property boasts 6 bedrooms, 1 bathroom, and 2 car parks. The 250sqm floor area is complemented by a spacious 695sqm land area, with a mix of wall materials and an iron roof in average condition. The property, suitable for large or inter-generational families, features a main home with modern amenities and an independent 2-bedroom unit - ideal for additional income via Airbnb or long-term tenancy. The site enjoys an easy/moderate rise contour and offers a resort-style outdoor living space with a pool and spa.
Since 2017, the capital value has surged by 36.67% to reach $2,050,000 as per the latest government valuation. HouGarden AVM estimates the property's worth at $2,062,500, while the latest sales history shows a significant increase from $162,000 in 1992 to $240,000 in 1988. This trend highlights the property's excellent investment potential.
For families with school-aged children, the property falls within the zones of Dominion Road School (Decile 3), Mt Roskill Grammar (Decile 4), and Mt Roskill Intermediate (Decile 4), ensuring access to quality education. Centrally located, it provides convenient access to shopping, public transport, and the airport.
Updated on September 20, 2024
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.28 km | 4 | 2 | -m2 | Year 2024 Month 12 Day 06 | - | Council approved | |
 | 0.13 km | 4 | 2 | -m2 | Year 2024 Month 11 Day 01 | - | Council approved | |
 | 0.04 km | 3 | 1 | 110m2 | Year 2024 Month 08 Day 31 | $1,620,000 | Council approved | |
 | 0.16 km | 2 | 1 | -m2 | Year 2024 Month 08 Day 01 | $1,275,000 | Council approved | |
 | 0.27 km | 3 | 1 | -m2 | Year 2024 Month 08 Day 01 | $840,000 | Council approved |