Nestled in the prime Sandringham locale, this inviting freehold property on 2 Hampstead Road boasts a charming 3-bedroom, 1-bathroom layout within a floor area of 98sqm. Constructed in 1950 with wood walls and an iron roof, both in good condition, it sits on a generous 782sqm section with an easy/moderate contour. The property's CV has seen a remarkable increase from $1,450,000 in 2017 to $1,850,000 as of June 2021, reflecting a growth rate of 27.59%. The HouGarden AVM estimates the property's worth at $1,775,000. This home, with a heat pump and a carport, offers a blend of retro charm and modern comfort. It is within the decile 7 Mt Albert Grammar School zone and close to Kowhai Intermediate and Edendale Schools, making it an ideal investment for families.
With a layout that preserves its traditional essence, this property is a goldmine for entry-level buyers, renovators, or developers seeking to tap into its vast potential. The spacious section, with its stretches of lawn and concrete paths, is a blank canvas ready for a creative redesign. Its convenient location, with easy motorway access and proximity to the city and public transport, adds to the appeal, making this property a project with immense transformational potential in a sought-after area.
Part of a highly regarded school network, this property is perfect for families seeking quality education. The Mt Albert Grammar School, a secondary school with a decile rating of 7, is within the zone, along with Kowhai Intermediate School and Edendale School, both with a decile rating of 7 and 6 respectively, ensuring a strong educational foundation for children.
Updated on October 03, 2024