Nestled on a freehold section at 832a Beach Road, Torbay, this exquisite family home boasts 4 bedrooms, 2 carparks, and a generous floor area of 230sqm. Constructed in the 1970s with roughcast walls and tiled roofing, the property stands testament to quality and resilience, with both the walls and roof in good condition. The capital value has seen a rapid increase, rising from $1,300,000 in 2017 to $1,475,000 as of June 2021, reflecting a growth of 13.46%. The property, with its easy-moderate rise contour, offers expansive sea views and is situated in a prime location, close to top-notch schools, local beaches, shops, and transport.
With a HouGarden AVM of $1,412,500 and a latest sale history of $715,000 in 2009, this property presents an attractive investment. The government valuation history and the AVM underscore the consistent capital value appreciation of this dwelling. Sold in 2003 for $565,000, the property has not only increased in value but also in appeal, thanks to recent refurbishments and modernizations.
For families with school-aged children, this property falls within the decile 10 school zones of Long Bay College, Northcross Intermediate, Torbay School, and Browns Bay School, ensuring access to some of the best educational facilities in the area.
Updated on April 22, 2024