Nestled in the serene Saint Heliers, this 1973-built, cross-lease property at 1/21 Vale Road boasts a prime location in a highly sought-after school zone. The single-level, 120m2 unit with mixed-material walls and tiled roof offers 2 bedrooms, a bathroom, and a carpark. The capital value has seen a significant increase from $900,000 in 2017 to $1,300,000 in 2021, reflecting a growth of 44.44%. This well-maintained property, with its north-facing aspect and sun-drenched garden, is perfect for a low-maintenance lifestyle, just a stone's throw from the beach.
With a HouGarden AVM of $1,245,000 and a latest sale history of $510,000 in 2007, this property presents a sound investment opportunity. The government valuation growth and the desirability of the location are further enhanced by the presence of top-rated schools such as Baradene College (Decile 9), St Ignatius School (Decile 10), and Glendowie College (Decile 10), all within the vicinity.
Not only is this property convenient to St Heliers' amenities and the beach, but it also offers the rare advantage of being in a top-performing school zone. The modern interior, open-plan living, and private garden make it an ideal choice for those seeking a combination of lifestyle, convenience, and educational excellence.
Updated on April 26, 2024