Nestled in the serene Hoon Hay, this charming 3-bedroom, 2-carpark dwelling boasts a freehold title on a levelled 607sqm section. Constructed in 1970 with concrete walls and tiled roof, both in good condition, this property has undergone significant upgrades, including a modern bathroom, separate toilet, and a heat pump for comfort. The spacious open-plan living area is adorned with new LED lights, carpets, and a smartvent system. With a Capital Value (CV) of $570,000 as of August 2022, it has seen a 50% increase since 2019, reflecting its growing worth. The latest sale was for $550,000 in December 2021, while the HouGarden AVM estimates it at $552,500.
For families with school-aged children, this property falls within the decile 9-rated Villa Maria College and decile 8-rated St Thomas of Canterbury College zones, among others, ensuring quality education is within reach. The property's convenient location, just 10 minutes from the CBD and close to amenities, adds to its allure.
Investors, first-home buyers, and young families seeking a property with potential for further growth and a sought-after school network should consider this opportunity. The private, spacious backyard provides a safe haven for children and pets to enjoy.
Updated on July 16, 2024