Nestled in the serene cul-de-sac of Belle Vue Avenue, Northcote Point, this 1960s brick-and-block beauty boasts a freehold status with a cross-lease title. The 2-bedroom, 1-carpark home sits on a level contour, featuring a tile roof and brick walls in average condition. Spacious at 110 square meters, it offers a comfortable living area with views of the CBD and a versatile downstairs space. Historically, the property's capital value has seen a 26.15% increase from $650,000 in July 2017 to $820,000 as of June 2021, with the HouGarden AVM estimating it at $800,000. This prime location is not only convenient for daily living but also falls within the decile 6 Northcote Intermediate School, decile 9 Northcote School, and decile 7 Northcote College zones, making it an ideal investment for families.
With a government valuation on the rise and a promising sales history, this property presents a golden opportunity for both investors and homeowners. The combination of a growing capital value and a sought-after school network ensures long-term value and appeal.
Educationally endowed, the property is part of a network that includes the esteemed Northcote Intermediate, Northcote School, and Northcote College, all within walking distance, providing a seamless educational journey for children.
Updated on August 30, 2024