Nestled in the heart of Cambridge at 167a Williams Street, this residential dwelling is a charming blend of modern convenience and timeless appeal. Constructed in 1993 with solid brick walls and an iron roof, both in good condition, the property offers 2 bedrooms, 1 bathroom, and a single carpark. The floor area spans a comfortable 80 square meters, while the level contour provides an ease of living. This cross-lease property is a golden opportunity for first-time buyers and retirees alike, boasting a capital value increase of 36.46% from $480,000 in 2019 to $655,000 in 2022. The latest sales history shows a significant growth from $313,000 in 2014 to $495,000 in 2020, echoing the rising value of this property.
Valuations are promising with the HouGarden AVM estimating the property at $627,500. The government’s capital value assessment reflects a rapid growth, making this a wise investment for savvy investors. The living space is sun-filled, with an open plan design, modern kitchen, dining, and lounge area, complemented by a heat pump for year-round comfort. The private backyard is an oasis, perfect for leisurely days and summer gatherings. The property is situated in a quiet cul-de-sac, a short walk from local amenities and the esteemed Cambridge High and Middle Schools, both decile 9, and Cambridge East School, a decile 10 institution.
With such a prestigious school zone and a property that checks all the boxes for comfort and convenience, this brick beauty is not to be missed.
Updated on October 23, 2024