Embark on your property journey with this delightful and well-maintained three-bedroom home, nestled in a peaceful cul-de-sac on 1/14 Waari Avenue, Sunnyvale. Constructed in 1970 with iron roofing and fibrous cement walls, this cross-lease property offers a functional floor area of 110 square meters and a single carpark. The property boasts a 'Good' condition for both walls and roof, sitting on a contour with an easy to moderate rise. This residence is perfect for those seeking a hassle-free lifestyle, ready to move straight in with a secure, fenced backyard - ideal for both children and pets. Investors are also enticed by the property's proximity to motorway access and the train station, currently tenanted with a rental income of $670 per week.
With a government valuation (CV) of $860,000 as of June 2021, this property has shown a significant increase of 36.5% from its $630,000 valuation in July 2017. The HouGarden AVM estimates the property's value at $800,000, while the latest sale history includes transactions in 2009 for $281,500 and in 2004 for $236,000. This growth trend highlights the property's potential as a sound investment.
For families with school-aged children, the property falls within the zones of Bruce McLaren Intermediate School (Decile 2), Sunnyvale School (Decile 3), and Henderson High School (Year 9-15, Decile 3). These educational institutions provide a solid foundation for learning, making this property an even more attractive proposition for those looking to settle down.
Updated on June 11, 2024