Nestled in the serene Schnapper Rock, 48 Newbury Place presents a substantial family home on a freehold site. This 5-bedroom, 3-bathroom residence boasts a floor area of 294sqm, sitting pretty on a level 648sqm section. Constructed in 2004 with roughcast walls and an iron roof in good condition, the property exudes warmth and charm. The capital value has seen a rapid increase of 18%, from $1,250,000 in 2017 to $1,475,000 as of June 2021. The HouGarden AVM estimates the property's worth at $1,224,500, while the latest sales were recorded at $1,100,000 in 2015 and $650,000 in 2008. This home is not just about numbers; it's about potential, nestled in a prime location with a double internal access garage and two living areas, making it perfect for entertaining and family life.
When it comes to education, the property falls within the decile 10 zone for Upper Harbour Primary, Albany Senior High, and Albany Junior High Schools. This is a significant advantage for families with school-aged children. The current owners, who have cherished this property since 2015, are now ready to pass on the torch to new owners, inviting them to transform this well-located gem into a modern masterpiece.
With a pragmatic approach to selling, the owners are open to offers. Don't miss this chance to secure a property with a promising future in a sought-after area. This could be the opportunity you've been waiting for!
Updated on August 12, 2024