Nestled in the heart of Ellerslie at 6/131 Ladies Mile, this inviting 2-bedroom, 1-bathroom unit with a single carpark is a gem for any homeowner. Constructed in 1960 with brick walls and an iron roof, this residential unit with an average condition exudes warmth and cosiness. It sits on an easy-to-moderate fall contour with a floor area of 81 square meters and is under a Cross-Lease ownership. The property's Capital Value (CV) has seen a rapid increase from $630,000 in July 2017 to $840,000 as of June 2021, showcasing a growth of 33.33%. The HouGarden AVM estimates the property's value at $785,000, while the latest sales were recorded at $640,000 in May 2017 and $320,000 in April 2009.
For families with school-going children, this property falls within the zones of highly-rated Ellerslie School and Baradene College, both with a decile rating of 9, and One Tree Hill College with a decile rating of 3. Its convenient location near the Ellerslie Event Centre, village shops, and transport hubs, makes it an ideal blend of comfort and connectivity.
Embrace the hassle-free lifestyle this property offers, whether you're a first-time buyer, investor, or an empty nester. The polished timber floors and intelligent use of space provide a charming living experience. This Ellerslie gem invites you to add your personal touch and enjoy the warmth and charm it presents.
Updated on May 28, 2024