Nestled in the serene cul-de-sac of 1/16 Rosier Road, Glen Eden, this delightful 1-bedroom, 1-bathroom residence is a gem for first-time buyers, those looking to downsize, or savvy investors. Constructed with robust fibrous cement walls and an iron roof, this 1980-built home sits on a cross-lease title with a floor area of 51sqm. The property boasts a warm and inviting atmosphere, thanks to the efficient heat pump and underfloor insulation. The modern kitchen is equipped with a dishwasher, and the living space is cozy and comfortable. Outside, a deck/patio area invites relaxation and entertainment, while the carport provides convenience. The property's CV has seen a significant increase from $610,000 in July 2017 to $830,000 as of June 2021, reflecting a growth rate of 36.07%. The HouGarden AVM estimates the property's value at $775,000, and with a history of sales in 1997 at $130,000 and $125,000, the investment potential is clear. As for education, the property falls within the zones of Prospect School (Decile 2), Glen Eden Intermediate (Decile 7), and Henderson High School (Decile 3), offering a range of educational options for families.
With its attractive price point and the vendors' urgency to sell, this property presents a compelling opportunity that should not be overlooked.
Updated on July 08, 2024