Nestled in the serene cul-de-sac of Mairehau Road, this 1970-built, freehold property boasts a capital value of $730,000 as of August 2022, reflecting a growth of 47.47% since August 2019. The 4-bedroom, 2-carpark home spans over 230sqm of floor area and is set on a 632sqm section with stone walls and an iron roof, both in good condition. The recent renovations have transformed this residence into a contemporary family haven, combining elegance with practicality.
With a HouGarden AVM of $710,000 and the latest sale recorded at $740,500 in June 2024, this property offers a sound investment. Notably, the previous sale in December 2010 was only $350,000, highlighting the rapid appreciation of this property's value.
For families with school-aged children, this property falls within the zones of several reputable schools, including Middleton Grange School (Decile 9), Emmanuel Christian School (Decile 8), and Parkview School (Decile 6), ensuring access to quality education. Its convenient location, coupled with the property's charm and growth potential, makes it an attractive option for both families and investors.
Updated on August 14, 2024