Nestled at 40 Baxter Michael Crescent in the serene St Kilda neighborhood of Cambridge, this freehold property boasts 5 bedrooms, 2 carparks, and a sprawling 415m2 floor area. Constructed in 2016 with quality iron roofing and wooden walls in good condition, it sits on a level 2018m2 land. The property's Capital Value (CV) has seen a remarkable increase of 59.24% from $1,460,000 in 2019 to $2,325,000 in 2022. The HouGarden AVM estimates it at $2,230,000, while the latest sale was in 2013 for $285,000. This indicates a promising investment opportunity.
With a CV growth rate that outpaces the market, this property is not just a home but a sound financial investment. The quiet cul-de-sac location adds to the appeal, ensuring peace and privacy. The architectural design, featuring elegant blonded poplar timber and a striking cedar exterior, is a testament to sophistication and luxury.
For families with children, the property falls within the zones of top-rated schools, including Cambridge High School (decile 9) for secondary education, Cambridge Middle School (decile 9), Cambridge East School (decile 10), and Goodwood School (decile 10), ensuring access to the best educational facilities.
Updated on April 19, 2024
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.23 km | 4 | 2 | 278m2 | 2024 11 06 | - | Council approved | |
 | 0.14 km | 4 | 262m2 | 2024 10 02 | $1,700,000 | Council approved | ||
0.03 km | 4 | 230m2 | 2024 07 31 | $1,500,000 | Council approved | |||
 | 0.36 km | 4 | 2 | 257m2 | 2024 07 05 | $1,665,000 | Council approved | |
 | 0.32 km | 4 | 297m2 | 2024 07 01 | $1,775,000 | Council approved |