Nestled in the heart of Browns Bay, this charming 3-bedroom, 1-bathroom unit with a single carpark on John Downs Drive is a gem waiting to be polished. Constructed in 1978 with wood exterior walls and tiled roofing, this unit title property is set on a level contour, boasting a well-maintained condition both inside and out. The property's Capital Value (CV) has seen a substantial increase from $730,000 in 2017 to $895,000 as of June 2021, reflecting a growth rate of 22.6%. With a floor area of 80 square meters, this home offers an open plan living and dining area, a separate laundry, and a deck that opens up to a fully fenced backyard, perfect for children and pets to play safely.
As for the financials, the HouGarden AVM estimates the property's value at $820,000. The recent sales history and the upcoming auction on December 9th, 2024, at 9:00 AM, indicate a prime opportunity for investors and homeowners alike. This property is ripe for renovation, allowing the next owner to add value and reap the benefits.
Educationally, the property falls within the decile 10 zone, served by Long Bay College for secondary education, Sherwood School for contributing education, and Northcross Intermediate, all within walking distance. This central location not only offers convenience to schools but also to Browns Bay shops, the beachfront, and easy access to motorways and the Westfield Shopping Centre.
Updated on December 13, 2024