Nestled in the heart of Point Chevalier on 16a Formby Avenue, this freehold residence is a charming brick and cedar home, built in theJ 1980s with a floor area of 216 square meters and boasting 4 bedrooms, 2 carparks, and a study. The property features a well-maintained brick exterior, a tiled roof in good condition, and a level contour, all set on a quiet cul-de-sac. It's a perfect blend of sought-after ingredients, ready for a value-adding transformation.
Since 2017, the capital value has seen a significant increase of 43.86%, from $1,425,000 to the current $2,050,000. The HouGarden AVM estimates the property at $1,965,000, while the recent sales history suggests a promising investment opportunity.
For families with children, the property falls within the zones of highly-rated schools, including Pasadena Intermediate (Decile 8), Pt Chevalier School (Decile 10), and Western Springs College (Decile 8), ensuring access to quality education.
Updated on April 30, 2024
adresse | distance | nombre de chambres | nombre de salles de bain | superficie du bâtiment | date de vente | prix de vente | source de données | |
|---|---|---|---|---|---|---|---|---|
 | 0.15 km | 3 | 2 | -m2 | 2024 06 17 | $1,440,000 | Council approved | |
 | 0.13 km | 2 | 2 | -m2 | 2024 04 18 | $1,280,000 | Council approved | |
 | 0.11 km | 4 | 2 | 152m2 | 2024 02 29 | $1,945,000 | Council approved | |
 | 0.12 km | 3 | 1 | 131m2 | 2024 02 23 | $1,775,000 | Council approved | |
0.15 km | 2 | 1 | 76m2 | 2024 01 19 | $1,280,000 | Council approved |