Nestled on the serene Wolverton Street, this charming 1910 bungalow boasts 4 bedrooms and 2 bathrooms, standing proudly on a freehold site of 479 sqm. Constructed with wood walls and an iron roof, this residence has seen an impressive 26.34% increase in Capital Value from $930,000 in 2017 to $1,175,000 as of June 2021. The property, with a floor area of 147 sqm, is equipped with heat pumps for all-season comfort and is situated in an easy/moderate rise contour, exuding warmth and welcome. The latest sale history includes transactions in 2015 and 2006, with the latter being a mere $388,000, showcasing the property's consistent growth.
As for the government's valuation, the property is valued at $1,092,500 by HouGarden AVM, reflecting a lucrative investment opportunity. The home is located within the catchment of esteemed schools such as Avondale Intermediate, Blockhouse Bay Intermediate, Chaucer School, and Lynfield College, with deciles ranging from 2 to 6, ensuring quality education for the family.
Not only is this property perfect for first-time buyers and investors, but it also presents a golden chance for land bankers. Its prime location in Blockhouse Bay, with proximity to Lynn Mall, eateries, parks, and train stations, offers unparalleled convenience. This is not just a home; it's a slice of paradise on the city fringe, waiting to be claimed.
Updated on May 16, 2024