Nestled in the serene St Johns neighborhood, this charming 2-bedroom, 1-bathroom unit with a single carport presents an ideal opportunity for first-home buyers or investors. Constructed in 1960 with a brick exterior and a mixed-material roof, this cross-lease property offers a floor area of 57 square meters. The property boasts an average condition both inside and out, with a level contour and a fenced courtyard perfect for entertainment. Enjoying a capital value increase of 31.15% over the past four years, from $610,000 to the current $800,000, the property also has a HouGarden AVM of $780,000. Notably, the latest sale history shows a transaction at $790,000 in December 2021, following $665,000 in December 2020. This home is free from Body Corporate Fees and is complemented by a community garden at the rear, enhancing its appeal.
With a government valuation on the rise and a desirable location, this property is zoned for top-rated schools such as Stonefields School (decile 9) and Baradene College (decile 9), with Selwyn College (decile 4) also in proximity. The central location provides easy access to Lunn Ave shops, local amenities, and public transport, while Mission Bay and St. Heliers offer nearby leisure and lifestyle options. This is a perfect entry-level property in a prime location, ready for its new owner to add their personal touch.
Whether you seek a cozy home or a strategic investment, this property checks all the boxes with its excellent school zones, convenient amenities, and promising capital growth potential. Don't miss the chance to secure your future in this sought-after area.
Updated on August 21, 2024