Nestled on a freehold section at 44 Awaroa Road, Sunnyvale, this 4-bedroom, 5-bathroom property with 2 carparks presents a lucrative opportunity. Constructed in 1950 with brick walls and an iron roof, both in average condition, this 190m2 floor area residence sits on a level 631m2 land. The property's Capital Value (CV) as of June 2021 is $1,150,000, reflecting a promising investment growth. The HouGarden AVM estimates the property's worth at $1,102,500, indicating a potential for value appreciation. With two attached dwellings, each boasting two bedrooms and a bathroom, this property allows for diverse investment strategies, from living in one unit to renting both for a substantial income. Additionally, it's zoned Mixed Housing Urban, offering further potential for exploration. Its convenient location, close to Sunnyvale train station and primary school, with a bus stop right in front, makes it an even more attractive proposition.
Historically, the property has shown a consistent increase in CV, with a recent notable growth percentage. The quiet cul-de-sac location adds to the property's appeal, ensuring privacy and a peaceful living environment. The recent sale history and rapid CV increase are indicative of a thriving real estate market in the area.
For families, the school zone is a significant highlight. Sunnyvale Primary School's high decile rating ensures quality education within walking distance. This property not only promises financial returns but also provides a conducive environment for raising a family.
Updated on October 22, 2024