Nestled in the serene Botany Downs, this freehold property at 5 Parramatta Place boasts a charming single-level residence, constructed with durable brick walls and a robust tile roof, both in good condition. Built in 1985, it offers 4 spacious bedrooms, 2 car parks, and a generous floor area of 198 square meters on a levelled land of 688 square meters. The property has seen a significant increase in Capital Value (CV), rising from $1,200,000 in 2017 to $1,550,000 as of June 2021, indicating a growth of nearly 30%. The HouGarden AVM estimates the property's worth at $1,485,000, making it an attractive investment.
History reveals a promising sales record, with the last sale in 1997 fetching $300,000, a substantial leap from the previous sale in 1992 at $215,000. This home, with its potential for added value, invites a new family to transform the functional kitchen into a culinary dream space. The sunny living areas, flowing into a fenced backyard and large lawn, provide an idyllic setting for family entertainment and pet activities.
Educationally, the property is zoned for top-performing schools, including Botany Downs School and Star of the Sea School, both with a decile rating of 9. Howick College and Sancta Maria College, with deciles 8 and 7 respectively, also serve the area, along with Howick Intermediate at a decile 4. This home not only promises a peaceful family life but also ensures access to quality education and convenient amenities nearby.
Updated on April 24, 2024