Positioned in the tranquil enclave of Somerville, we present a unique opportunity to own a Freehold property with a promising investment potential. This well-maintained home with mixed materials exterior and tiled roof comprises 6 bedrooms, 2 carparks, and a spacious floor area of 339sqm on a land area of 703sqm. The property has seen a significant Capital Value increase of 24.66% from $1,825,000 in 2017 to $2,275,000 as of June 2021. The HouGarden AVM estimates the property's worth at $2,220,000, while the latest sale in 1999 was for $390,000.
Enjoy the benefits of a dual-income property with a 4-bedroom main dwelling and a separate 2-bedroom unit, offering versatility for extended families or rental income. The property falls within the catchment area of esteemed schools such as Star of the Sea School and Howick College, both with high decile ratings, ensuring quality education for the family. Other schools in the zone include Somerville Intermediate and Shelly Park School, known for their exceptional standards.
Nestled at the end of a quiet cul-de-sac, this property provides privacy and convenience, being minutes away from Meadowland Shopping Centre and Botany Town Centre. The combination of location, capital growth, and educational opportunities makes this property an attractive prospect for any buyer.
Updated on August 20, 2024