Nestled in the serene cul-de-sac of Point Chevalier Road, this charming 3-bedroom residence on a freehold land of 639m² boasts an average brick exterior and a tiled roof, echoing the classic architecture of the 1930s. The property, with a floor area of 116m² and a single carpark, is a perfect blend of vintage elegance and modern convenience, just a stone's throw away from local amenities and the picturesque Pt Chev Beach.
Since the government's valuation in 2017 of $1,500,000, the capital value has surged by 46.67% to the current $2,200,000 as of June 2021. The HouGarden AVM estimates the property's worth at $2,145,000, while the latest sale in 2024 fetched $2,200,000, a significant increase from the 2008 sale price of $485,000. This property's value is not just in numbers; it's in the potential, especially with the unitary plan zoning favoring 'Terraced Housing and Apartment Buildings.'
For families with children, the property falls within the zones of highly-rated schools such as Pasadena Intermediate (Decile 8) and Pt Chevalier School (Decile 10), with Western Springs College (Decile 8) also in close proximity. This is not just a home; it's an investment in a promising future.
Updated on August 21, 2024