Nestled in a serene cul-de-sac of New Brighton, this well-maintained three-bedroom unit at 1/35 Estuary Road is a gem in the residential market. Built in 1970 with concrete walls and an iron roof, both in good condition, this cross-lease property offers a floor area of 130sqm and a single carpark. The capital value has seen a significant increase of 53.45% from $290,000 in 2019 to $445,000 as of 2022, showcasing a promising investment opportunity. The property is valued at $427,500 by HouGarden AVM, with the latest sale recorded at $391,304 in 2024, a substantial rise from the previous sale of $252,000 in 2015.
For families with children, the property falls within the catchment area of several reputable schools, including Middleton Grange School (Decile 9), Hillview Christian School (Decile 7), and Shirley Boys' High School (Decile 6). Avonside Girls' High School, South New Brighton School, and Marian College are also within easy reach, ensuring a quality education for all ages.
Featuring an open-plan living area with a wall-mounted heat pump, this charming home enjoys a private courtyard and quality fittings such as carpets and drapes. Each bedroom comes with built-in wardrobes, and the single lock-up garage provides secure parking. This property is pet-friendly by negotiation, making it an ideal choice for those seeking a comfortable and convenient lifestyle.
Updated on April 10, 2024