Nestled at 49 Grosvenor Street, Cambridge, this exquisite residential property on a freehold title is a mark of historical elegance meets modern potential. The 1960-built home boasts 7 spacious bedrooms, 2 carparks, and a generous floor area of 147m2. Constructed with durable brick walls and iron roofing, it sits on a levelled 1010m2 section, surrounded by a beautifully landscaped garden. The property, with an average wall and roof condition, presents a unique opportunity to add personal touches to a home that's already full of character.
Since 2019, the capital value has seen a remarkable increase of 51.39%, from $720,000 to the current $1,090,000. The HouGarden AVM estimates the property's worth at $1,042,500, reflecting its investment potential. The recent sales history and rapid CV growth are indicative of a highly sought-after location in a thriving real estate market.
For families with children, the property falls within the decile 9 and 10 school zones of Cambridge High School, Cambridge Middle School, Cambridge East School, and Goodwood School. These institutions offer a high standard of education and are a significant draw for families looking to settle in a quality school district.
Updated on October 15, 2024