Nestled in the serene Torbay locale, this north-facing family residence at 1/17 Manuwai Road boasts a prime location within a quiet cul-de-sac. Constructed in 1980 with a robust fibrous cement exterior and tiled roof, the property is in good condition both inside and out. It sits on an easy-to-moderate fall contour with a floor area of 170 square meters, offering 3 bedrooms, 2 carparks, and the comfort of a heat pump. The home is held under a Cross-Lease title, ensuring a secure investment in this sought-after neighborhood.
With a current Capital Value (CV) of $1,150,000 as of June 2021, this property has shown a significant increase of 23.66% from its $930,000 valuation in July 2017. The HouGarden AVM estimates the property's worth at $1,122,500, while the latest sales history includes a notable jump from $185,000 in 2013 to $770,000 in 2015, indicating a promising growth trend.
For families with educational priorities, this property falls within the zone of top-rated schools. Long Bay College, a Secondary school with a decile rating of 10, is complemented by Long Bay School, Northcross Intermediate, and Torbay School, all boasting a decile rating of 10. This combination of quality education and a family-friendly environment makes this property an attractive opportunity for those seeking a sound investment in both real estate and education.
Updated on August 01, 2024