Nestled in the serene Greenlane neighborhood, 9 Cadman Avenue presents a charming residential opportunity on a freehold property. Constructed in 1930 with roughcast walls and tiled roofing, this dwelling boasts three bedrooms, a generous floor area of 143 sqm, and sits on a levelled 665 sqm plot. The property has seen a remarkable Capital Value (CV) increase of 74.55% from $1,375,000 in 2017 to $2,400,000 as of June 2021. The HouGarden AVM estimates it at $2,337,500, while the latest sales history shows a jump from $312,000 in 2001 to $475,000 in 2004. This home not only offers a comfortable living environment but also stands in a prime location within walking distance to esteemed schools like Ellerslie School and Baradene College, both with high decile ratings.
For families seeking quality education, the property falls within the zones of Ellerslie School, a full primary with a decile rating of 9, and One Tree Hill College, a secondary school with a decile rating of 3, in addition to being close to other private educational institutions. The property presents a golden opportunity for investors and families alike, with its potential for further development or as a cherished family home.
With its inviting open-plan layout, modern kitchen, and a north-east facing aspect that bathes the home in natural light, this property is perfect for those who value privacy, relaxation, and entertainment. Conveniently located near public transport, local amenities, and the vibrant community hub, this is a chance not to be missed.
Updated on July 26, 2024