Nestled in the heart of Mount Wellington, this charming residence at 190 Barrack Road boasts 3 bedrooms and is set on a level contour with brick walls and tiled roofing, constructed in the 1950s. The cross-lease property, with a floor area of 154 square meters, is perfect for a growing family or those seeking a versatile space for a home business. The home has been well maintained with good wall and roof conditions, and it's situated in a quiet cul-de-sac, ideal for city commuters with convenient access to motorways and the Panmure Train Station.
Since 2017, the capital value has seen a significant increase of 33.93%, reaching $1,125,000 as of June 2021. The HouGarden AVM estimates the property's value at $1,130,000, while the latest sale history shows a progression from $160,000 in 1995 to $500,000 in 2011. This indicates a promising investment opportunity with substantial growth potential.
For families with school-aged children, the property falls within the zones of Baradene College (decile 9), One Tree Hill College (decile 3), Bailey Road School (decile 3), and Panmure District School (decile 2), ensuring access to quality education. This home not only offers comfort and style but also the convenience of a prime location, close to Sylvia Park, Woolworths, and the Panmure Basin, making it an attractive proposition for those seeking convenience and a quality lifestyle.
Updated on September 30, 2024