Nestled in the serene semi-rural suburb of Spencerville, this expansive 6-bedroom, 2-car park residence on a freehold 809m2 lot boasts a mix of brick and iron construction, dating back to 1980. The property, with its mixed wall and roof conditions, is a perfect blend of old-world charm and modern updates, including a brand new kitchen with stone benchtops and an open plan living area with a wood burner. The capital value has seen a staggering increase of 50.79% from $315,000 in 2019 to $475,000 as of 2022, reflecting its growing desirability. The latest sale history is marked by a significant jump from $250,000 in 2003 to $842,500 in 2024, showcasing the property's investment potential.
With a HouGarden AVM of $442,500, this property is not just a home but a sound investment. The government's capital value assessment provides a solid baseline for its market worth, while the private valuation offers a more dynamic perspective. The location is further enhanced by its proximity to top-rated schools, including Middleton Grange School with a decile rating of 9, Kaiapoi High School at 7, and Emmanuel Christian School at 8, ensuring a quality education for the family.
Set in a quiet cul-de-sac, this residence is not only a peaceful retreat but also an entertainer's dream, with a versatile garage and studio, a second living area flowing to an outdoor entertainment space, and a brand new bathroom with both bath and separate shower. Nature lovers will appreciate the easy access to Spencer Beach, Spencer Park, and the Bottle Lake Forest. This home is ready for a new family to make memories and offers immediate possession, making it an opportunity not to be missed.
Updated on June 19, 2024