Nestled in the serene cul-de-sac of 5a Margate Road, Blockhouse Bay, this charming 2-bedroom, 1-bathroom freehold property, built in 1990 with iron roofing and fibrous cement walls, presents an opportunity for a family-oriented lifestyle. The well-maintained home, sitting on a levelled 265sqm section with a floor area of 52sqm, offers privacy with a fully fenced perimeter and a cozy deck for relaxation. Notably, the property has seen a significant Capital Value increase of 48.8% from $420,000 in 2017 to the current $625,000 as per the latest government valuation. The HouGarden AVM estimates the property's worth at $607,500, while the latest sales history shows a progression from $210,000 in 2006 to $280,000 in 2008. This residence is within the zones of the highly regarded Glenavon Primary School, rated a decile 1, and Lynfield College, a decile 6 secondary school, ensuring quality education for the family.
With easy access to public transport and a short drive to local amenities, this property is perfect for those seeking a low-maintenance, convenient lifestyle. The two car pads and ample off-street parking further enhance the appeal of this property, which stands ready to embrace new owners seeking simplicity and tranquility in the heart of Blockhouse Bay.
Whether you're looking to downsize, invest, or fulfill your homeownership dreams, this prime location freehold standalone house is a must-consider. It's not just a house; it's a foundation for a vibrant family life in a thriving community.
Updated on August 21, 2024