Nestled at the heart of Halswell, 77 Santa Rosa Avenue presents a captivating opportunity on a freehold property with immense potential. This residential dwelling, built in 1962, boasts 3 bedrooms, a spacious floor area of 109sqm, and is set on a generous 855sqm section with a concrete exterior and tiled roof. The property has seen average wear and tear, but it's the capital value increase of 53.1% from $405,000 in 2019 to the current $620,000 that truly stands out. A quiet cul-de-sac location, it's perfect for families with school-aged children, given its proximity to high-decile institutions such as Villa Maria College and Oaklands School.
With a current HouGarden AVM of $612,500, the property also has a recent sale history that indicates a promising investment. The heat pump and upgraded stove in the kitchen, along with the old-school underfloor central heating, provide comfort year-round. Outside, the expansive land with fruit trees and potential for further development or renovation presents a blank canvas for developers, first-home buyers, or those looking to add value. The location, with easy access to the city and a host of amenities, only adds to the allure.
For families with educational priorities, the property falls within the zones of several well-regarded schools, including Villa Maria College and St Thomas of Canterbury College, both secondary schools with high decile ratings. Other educational institutions in the area include Middleton Grange School and Aidanfield Christian School, ensuring a range of options for all ages. This property is not just a home; it's an opportunity waiting to be seized.
Updated on November 08, 2024