Nestled in the serene cul-de-sac of Kawau Crescent, this 1975-built residence offers a perfect blend of comfort and convenience. The 2-bedroom, 1-bathroom home with a single carpark boasts a floor area of 90 square meters, complemented by a well-maintained concrete exterior and a robust tile roof. It sits on a cross-lease title, inviting both first-time homeowners and shrewd investors to seize the opportunity. The property has seen a significant Capital Value (CV) increase from $275,000 in 2019 to $445,000 in 2022, reflecting a growth rate of 62.18%. The latest sales history includes transactions in 2008 and 2007, with prices of $205,000 and $181,000 respectively, hinting at a consistent appreciation trend.
With a HouGarden AVM valuation matching the current CV, this property presents a solid investment prospect. It is located within a desirable school zone, including Middleton Grange School (Decile 9), Hillview Christian School (Decile 7), and Marian College (Decile 8), among others, ensuring top-notch education for the family. The property's potential is further enhanced by its neutral decor, newly installed carpet, and the potential for further improvements, making it an attractive proposition for those seeking value and growth.
For families with children or pets, the fenced grounds provide a secure space for play and relaxation. The open plan kitchen/dining/living area, separate toilet, and laundry facilities contribute to a practical and comfortable living environment. Don't miss this chance to own a slice of paradise in Bromley, Christchurch. Act fast and turn today into your lucky day!
Updated on September 13, 2024