Nestled on a spacious 956 sqm freehold section at 196 Archers Road, Glenfield, this 3-bedroom, 1-bathroom residential property with 2 car parks presents an opportunity not to be missed. Constructed in 1964 with iron roofing and wooden walls in average condition, the house sits on a section with an easy/moderate rise contour, offering a quiet and private setting. The property, with a floor area of 91 sqm, is in the 'Residential - Vacant land multiple housing' category, and boasts a large outdoor space with a deck, a separate laundry, and a rumpus room.
With a government capital value (CV) of $1,775,000 as of June 2021, this property has shown a remarkable increase of 73.17% from its CV of $1,025,000 in July 2017. The HouGarden AVM estimates the property's value at $1,650,000, while the latest sale in 1997 was for $212,500. The potential for further value appreciation is clear, making this a sound investment.
Educationally, the property falls within the double Westlake zone, with Westlake Boys' and Girls' High Schools both decile 9, and Glenfield Primary and Intermediate Schools scoring a decile of 5 and 6 respectively. This is an ideal location for families seeking top-notch education for their children.
Updated on June 07, 2024