Nestled in the heart of Cockle Bay, 2/38 Minerva Terrace is a cherished home that has been a haven of love for its owners over two decades. This property, built in 1992, features three bedrooms, a spacious lounge that seamlessly connects to the inviting kitchen and dining area, and a family bathroom with a separate laundry. The downstairs rumpus room, complemented by a double garage, offers flexibility for a recreation area, home office, or creative retreat. The home is constructed with wood walls and tile roofing, both in good condition, and sits on a cross-lease land with an easy/moderate fall contour. It's an excellent starter home, promising privacy and convenience.
The capital value of this property has seen a significant increase, from $930,000 in July 2017 to $1,125,000 in June 2021, marking a 20.97% growth. The latest sale, on January 11, 2024, was at $1,040,500, slightly below the HouGarden AVM of $1,077,500. This demonstrates the property's solid investment potential and its appeal in the market.
Located in a top-notch schooling zone, the property is within walking distance to Cockle Bay Primary, Somerville Intermediate, and Howick College, all boasting high decile ratings. This ensures an excellent education for children and adds to the property's desirability for families. The proximity to amenities and the genuine community feel of the area, combined with the ease of commute to Howick Village, make this an ideal location for both convenience and quality of life.
Updated on April 06, 2024.