Nestled on a freehold section of approximately 637 sqm at 22 Innismara Avenue, Wattle Downs, this 1974-built, 3-bedroom brick and tile home offers a promising investment for first-time buyers, renovators, or savvy investors. The property boasts an average-conditioned structure with a tiled roof and a semi-renovated interior, including a new bathroom, fresh floorings, and a recently painted finish. Ample parking is provided with a carport and an additional freestanding cabin for storage. The capital value has shown a significant increase of 37.1% from $620,000 in 2017 to $850,000 as of 2021, with the HouGarden AVM estimating the property's worth at $830,000. The latest sale in March 2023 was at $630,000, presenting a potential opportunity for quick capital gain. Located in a convenient cul-de-sac, the property is served by Leabank School and James Cook High School, both with a decile rating of 1, ensuring quality education within the zone.
With a spacious freehold section, there's room for further enhancements to capitalize on the property's potential. The location is ideally situated close to cafes, shops, and amenities, making daily life effortlessly accessible. This property is a must-see, and all offers are welcome.
Disclaimer: Prospective buyers are advised to conduct their own due diligence, seek professional advice, and verify all information provided.
Updated on August 26, 2024