Embrace the ideal fusion of comfort and convenience in this well-kept 2-bedroom, 1-bathroom residence nestled in a serene cul-de-sac. This property, perfect for first-time buyers, downsizers, or investors, is set on a level contour with cross-lease ownership. Constructed in 1989 with concrete walls and iron roofing, it presents an average condition both inside and out. The capital value has seen a significant increase of 66.2% from $355,000 in 2018 to $590,000 in 2021. The floor area spans 74 square meters, and the property includes a single car park. The latest sale history shows a transaction at $330,000 in 2018 and $200,000 in 2008. HouGarden AVM estimates the property's value at $547,500. For families, the property falls within the zones of Fairfield Intermediate School, rated at decile 5, and Insoll Avenue School, rated at decile 1.
Notably, the property has undergone recent renovations, enhancing the bathroom, kitchen, and laundry with modern fixtures. The open-plan living area extends to a sunny, fenced backyard, ideal for leisure or socializing. Additional conveniences include a separate laundry, off-street parking, and a secure shed. The master bedroom's adjacency to a modern bathroom with a wet area shower is particularly appealing. Situated close to the bustling Chartwell Shopping Centre, this home offers easy access to a wealth of amenities, making it a compelling opportunity for any prospective homeowner or investor.
With its prime location within the desirable school zones and a promising CV growth trajectory, this property is a wise investment for both first home owners and investors alike.
Updated on May 04, 2024