Nestled in the serene cul-de-sac of Monaco Place, this 2-bedroom, 1-carpark home offers a perfect blend of modern functionality and classic charm. Constructed in 1990 with robust brick walls and tiled roofing, the property stands as a testament to the era's spacious design philosophy. The well-maintained home, with a floor area of 110 square meters, is set on a level contour, providing a comfortable living environment. The cross-lease title adds to the property's allure, which has seen a significant Capital Value (CV) increase of 41% from $690,000 in 2017 to $970,000 as of June 2021. The property's HouGarden AVM is valued at $930,000, while the latest sale record dates back to 1990 at $120,000.
For families with school-aged children, the property falls within the zones of highly regarded schools such as Baradene College (decile 9), One Tree Hill College (decile 3), and Panmure District School (decile 2), ensuring access to quality education. The location is not only family-friendly but also convenient, with public transport at Panmure train/bus station just a 700-meter walk away and the shopping and entertainment hub of Sylvia Park a short 6-minute drive.
With its spacious layout, including an open-plan L-shaped living area, north-westerly facing garden, and a carpeted garage that could serve as a gym or home office, this property invites comfort and versatility. It's an ideal choice for first-home buyers, young families, or those looking to downsize without compromising on space.
Updated on October 10, 2024