Nestled in the tranquility of 14 Elegant Lane, Ranui, this freehold property boasts a modern 4-bedroom, 1-carpark dwelling with a floor area of 143 square meters on a manageable land area of 126 square meters. The exterior is adorned with mixed materials, while the roof is solidly constructed with iron, both in good condition. This residence, built in 2024, is situated on an easy-to-moderate rise contour, perfect for a family looking for a serene retreat. The property's Capital Value as of June 1, 2021, stands at $910,000, reflecting a promising investment with a HouGarden AVM estimate of $902,500. The latest sale on November 7, 2024, was for $860,000, indicating a potential for capital growth.
With a notable increase in Capital Value over the years, this property presents a sound investment opportunity. The recent sale history and AVM estimate hint at a rising market trend, making it an attractive prospect for buyers. The well-maintained building and contemporary design further enhance the property's appeal, ensuring a comfortable and stylish living environment.
For families with children, the school zone is a significant highlight. The local schools are highly rated, promising a quality education for your little ones. This, coupled with the property's prime location and modern amenities, makes it an ideal choice for those seeking a balanced lifestyle in a family-friendly neighborhood.
Updated on November 20, 2024