Nestled in the serene Mission Bay, 1/42 Kempthorne Crescent presents a charming two-bedroom, one-bathroom home with a single carpark, built in 1960. This residential gem sits on a steep fall with mixed material walls and tiled roofing. It holds a Cross-Lease title and offers a floor area of approximately 47m². The property has seen a capital value increase from $770,000 (as of June 2021) and is estimated at $740,000 by HouGarden AVM. The latest sale was recorded on September 17, 2024, at $615,000, indicating a potential growth opportunity. The north-facing backyard invites tranquility and the possibility of extension.
With a CV growth history and a recent sale price below the government valuation, this property holds financial promise. The added benefit of a new Coloursteel Roof, installed just three years ago, ensures long-term security and warmth. The location is further enhanced by its proximity to highly rated schools such as Baradene College (Decile 9), Selwyn College (Decile 4), and St Thomas School (Decile 10), making it an ideal choice for families.
For those seeking a prime educational zone, this property falls within the catchment of these esteemed institutions. The combination of affordability, convenience, and a quiet cul-de-sac setting makes this property an entry-level opportunity not to be missed. Embrace a low-maintenance lifestyle in Mission Bay, where the beach, shops, and city access are just minutes away.
Updated on October 16, 2024