Nestled at 2/46 Glamorgan Drive, Torbay, this property is a secluded native bush paradise. The single-level home spans 110m2 and features two bedrooms, a modern kitchen, and a sleek bathroom. The open-plan living area extends to private decks surrounded by serene bush, with construction comprising concrete walls and an iron roof, both in good condition. Built in 1974 on a level contour, this cross-lease property offers a single garage and off-street parking, presenting an ideal retreat.
From its initial government valuation of $765,000 in July 2017 to $900,000 in June 2021, the property has seen a capital value increase of approximately 17.65%. The latest sale on January 22, 2024, was at $860,000, closely aligning with the HouGarden AVM of $862,500. This demonstrates a consistent appreciation in value, making it an attractive investment.
Located in a prime school zone, the property offers access to top-tier education with Long Bay College, Northcross Intermediate, and Torbay School, all boasting a decile rating of 10. This enhances the property's appeal to families seeking quality education for their children.
Updated on April 06, 2024.