Nestled on a quiet cul-de-sac at 39 Grosvenor Street, Cambridge, this freehold property boasts a capital value increase of 36.89% over three years, from $610,000 in 2019 to $835,000 as of August 2022. Constructed in 1960 with brick walls and an iron roof, this residence offers 3 bedrooms, a combined bathroom, and a floor area of 106sqm on a level plot of 789sqm. The property includes a double garage and 2 car parks, and is equipped with gas heating and cooking, as well as inviting decks at both ends of the house that bask in the all-day sun thanks to its North West orientation.
With a HouGarden AVM of $815,000 and a latest sale history of $310,000 in 2008 and 2006, this property presents a solid investment opportunity. The CV growth and the AVM indicate a promising future for capital gains. Moreover, the property is zoned for top-rated schools, including Cambridge High School (Decile 9) for secondary education, Cambridge Middle School (Decile 9) for composite education, and Cambridge East School (Decile 10) for contributing education, all within walking distance.
Whether you're a first home buyer, downsizer, or investor, this charming home in a prime location with excellent school zones is not to be missed. It's ready for immediate possession and offers the versatility and convenience that makes it an ideal place to call home.
Updated on August 16, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.09 km | 3 | 1 | 110m2 | 2024 12 12 | - | Council approved | |
 | 0.17 km | 3 | 1 | 103m2 | 2024 10 30 | - | Council approved | |
 | 0.13 km | 2 | 120m2 | 2024 10 18 | $775,000 | Council approved | ||
 | 0.14 km | 4 | 1 | 150m2 | 2024 10 14 | - | Council approved | |
 | 0.16 km | 3 | 1 | 130m2 | 2024 08 13 | - | Council approved |