1 Bignell Lane, Glenavy, Waimate

Discover Glenavy's little secret at 1 Bignell Lane, a cedar home that epitomizes modern living with its clever design. Built in 2021, this property features one bedroom equipped with a wardrobe and a practical office desk. The expansive bathroom is a highlight, offering a separate shower, an inviting soak tub, an elegant vanity, and integrated toilet and laundry space. The open-plan living area is enhanced by bi-folding sliding doors that create a seamless connection with the outdoors, perfect for enjoying the afternoon sun. The property is fully fenced, features a low maintenance garden, and includes a large shed for storage. With a floor area of 53m² and sitting on a 616m² freehold land, this home is ideal as a lock and leave holiday destination or a rental investment, boasting a healthy homes certificate and a rental assessment of $370-$390 per week.

The property has seen a significant increase in capital value, from $220,000 on July 1, 2019, to $365,000 on July 1, 2022, marking a 65.91% growth. The latest sale was recorded on January 11, 2024, for $350,000, slightly below the HouGarden AVM of $357,500. This growth trajectory underscores the property's investment potential and its appeal in the current market.

Located in a desirable school zone, the property offers access to Glenavy School (Full Primary, decile 7), Craighead Diocesan School (Secondary Year 7-15, decile 9), and Roncalli College (Secondary Year 9-15, decile 7). These educational institutions provide excellent learning environments, contributing to the property's attractiveness for families and investors alike.