Nestled in the serene Birkdale, this 1-bedroom, 1-bathroom residential unit with a single carpark presents an intriguing opportunity. Constructed in the 1950s with wood exterior walls and tiled roofing, this cross-lease property sits on a level contour. It boasts a floor area of 50 square meters, and with an ownership type that offers both privacy and community, it's a perfect blend for potential homeowners. The property, valued at $610,000 as per the latest government valuation, has seen a CV increase of 23.23% since 2017, reflecting a promising investment growth. The HouGarden AVM estimates the property's worth at $602,500, making it an attractive prospect for buyers.
History shows a consistent rise in the property's value, with the latest sale reflecting a strong market interest. This home, while needing some TLC, is set in a prime location, with easy access to schools, transport, and shopping amenities. The Birkdale Intermediate School, rated a decile 6, and the Birkdale Primary School, a decile 5, are within the zone, making it an ideal choice for families with children.
Whether you're a flipper, a first-time buyer, or a renovation enthusiast, this property's potential is undeniable. The north-facing aspect and large picture window in the lounge enhance the natural light, complementing the existing timber floors. With a bit of effort, this cozy cottage could be transformed into a charming home. Don't miss out on what could be Birkdale's best-kept secret!
Updated on November 08, 2024