Nestled in the serene Russley suburb, this charming 2-bedroom, 1-bathroom unit with a single carpark presents an enticing opportunity for first home buyers or those seeking a low maintenance lifestyle. Constructed in 1968 with concrete walls and an iron roof, this cross-lease property sits on level contour and offers an open plan living area, double bedrooms with built-in robes, and a modern bathroom with both a bath and separate shower. The property is double glazed, equipped with a heat pump, and boasts ceiling insulation and underfloor polythene sheeting for comfort. It has served as a successful Airbnb in the past and features a fenced yard with an unattached single garage. With a Capital Value (CV) of $520,000 as of August 2022, representing a 50.7% increase since August 2019, and an estimated value of $525,000 by HouGarden AVM, this property is a wise investment. The latest sale history includes a transaction in 2016 for $370,000 and another in 2012 for $255,000.
Educationally, the property falls within the zones of several well-regarded schools, including Russley School (Full Primary, Decile 7), Villa Maria College (Secondary, Decile 9), St Thomas of Canterbury College (Secondary, Decile 8), and more. This makes it an ideal choice for families with children.
Located in a quiet cul-de-sac, this property offers easy access to Avonhead Mall, cafes, bars, and public transportation, making it a perfect blend of comfort, convenience, and community.
Updated on September 20, 2024