Nestled in the esteemed Castor Bay, 55 Seaview Road presents a prime 809m2 freehold property, exuding potential with its aluminium roof and well-maintained wooden exterior. This 1950-built residence boasts 4 bedrooms, 2 carparks, and a generous floor area of 170m2. The capital value has seen a remarkable growth of 53.62%, from $1,725,000 in 2017 to $2,650,000 as of June 2021. HouGarden AVM estimates the property at $2,465,000, while the latest sales history shows an increase from $605,000 in 2005 to $850,000 in 2008.
With a CV increase that outpaces the market, this property is not just a home but a sound investment. It is located in a quiet cul-de-sac, enjoying an easy/moderate rise contour that captures the sun and panoramic views. The property falls within the Mixed Housing Suburban zone and is in the highly sought-after school zones of Westlake Boys' and Girls' High Schools, both with a decile rating of 9, as well as Campbells Bay School and Murrays Bay Intermediate, both with a perfect decile rating of 10.
Not only is the property strategically located near the vibrant Milford Village and beautiful beaches, it also offers the convenience of being in the proximity of top-rated schools. This address is perfect for families looking to secure a quality education for their children while enjoying the benefits of a serene coastal lifestyle.
Updated on July 15, 2024