Nestled on the quiet cul-de-sac of Geraldine Street, this charming 4-bedroom, 1-bathroom residence with a single carpark on a freehold title is a gem waiting to be polished. Constructed in 1920, the home features roughcast walls and tiled roofing, both in average condition, sitting on a levelled 506sqm of land with a floor area of 127sqm. The property's Capital Value has seen a rapid increase of 43.8% from $455,000 in 2019 to $650,000 as of 2022, while the HouGarden AVM estimates it at $622,500. The latest sale history includes a transaction at $670,000 in 2024 and $141,000 back in 2003. Edgeware's family-friendly locale is enhanced by its top-ranking school zones, including Middleton Grange School (Decile 9), Emmanuel Christian School (Decile 8), and others, making this home an ideal investment for those valuing education and potential.
With a warm and inviting atmosphere, the house offers a generous living and dining space that has been the stage for countless memories. It invites creative minds to renovate and unlock its full potential, especially given the property's RSDT zoning, which holds promise for developers. Located close to amenities, cafes, and parks, with easy access to public transport, this property is not just a home but a sound investment in a thriving community.
For families with school-aged children, the property falls within the catchment area of several well-regarded institutions, ensuring access to quality education. This hidden gem presents an exciting opportunity to join a desirable neighborhood and contribute to its ongoing story.
Updated on April 17, 2024