Nestled on a prime corner in the serene Sycamore Drive, this freehold property is a haven of modern tranquility. With 5 spacious bedrooms and unknown bathroom configurations, it sits on a levelled land area of 241 square meters. The property boasts an unknown roof and wall construction, but it's the location and potential that truly shine. Since 2017, the Capital Value (CV) has seen a substantial increase of 26%, reaching $630,000 as of June 2021. The HouGarden AVM estimates the property at $602,500, while the latest sale history shows a transaction at $580,000 in 2023, signifying a significant growth from the $240,000 sale in 1996.
Educationally, the dual Westlake School Zone is a major draw, with contributing schools like Sunnynook School (Decile 8) and Wairau Intermediate School (Decile 7), and the highly esteemed Westlake Boys' and Girls' High Schools (both Decile 9). This alone adds immense value for families and investors, given the area's reputation for quality education.
Not only is this property an ideal family home, but it's also a sound investment, given the area's consistent CV growth and high demand for rental properties in the zone. The property's description highlights its appeal: a standalone home with a flexible layout, an open-plan living space, and the convenience of being in a family-friendly neighborhood with easy access to transportation routes and city centers.
Updated on May 01, 2024