Located in the serene and established area of Cambridge East, 59a Robinson Street presents a unique opportunity for buyers seeking a vacant residential section. This property, with a land area of 551m2 (nett usable area 500m2), offers a blank canvas for creating a home tailored to individual needs. The property is conveniently situated close to shops, schools, and parks, making it an ideal choice for buyers at all stages of life. The section is freehold, ensuring full ownership rights, and the title has been issued, ready for development. Although details such as bedrooms, bathrooms, carparks, floor area, roof and wall construction, and condition are unspecified, the level contour of the property promises ease in development.
The capital value of this property was assessed at $530,000 as of August 2021, while the HouGarden AVM estimates its value at $520,000, indicating a stable market perception. This section represents not just a place to live, but an investment opportunity with potential for value appreciation.
For families considering this property, the local school zone offers quality education options, ensuring a supportive environment for children's learning and development. The proximity to amenities combined with the potential for creating a custom living space makes this section highly desirable.
Updated on March 25, 2024.
