Nestled in the heart of Riverhead, this charming 4-bedroom family home is a rare find on the market after 18 years. Constructed in 1970 with aluminium walls and an iron roof, both in good condition, it sits on a flat, level section of 1239 sqm. The freehold property has a floor area of 133 sqm and boasts a capital value of $1,445,000 as of June 2021, showing a growth of 53.72% since July 2017. The latest sale was for $1,225,000 in August 2024, and the HouGarden AVM estimates the property at $1,455,000. It's not just the numbers that make this home special; it's the serene environment with fruit trees and gardens that enjoy all-day sun. The property is mere steps away from local amenities, day-cares, and the vibrant Riverhead Cafes and shops. Inside, the open-plan kitchen and dining area with a cozy wood-burner are perfect for family gatherings. The master bedroom features a flexible office space or dressing room, while the other three bedrooms are thoughtfully placed for privacy. Ample parking and storage solutions, including a garage and carport, add to the practicality of this family haven.
From an investment perspective, the property is in a government-assessed high growth area with a capital value increase that speaks volumes about its potential. The latest sale history and the HouGarden AVM reflect a strong market interest in the property. Moreover, the location is within the zones of Massey High School (Decile 4), Riverhead School (Decile 9), and St Paul's School (Massey) (Decile 4), offering quality education options for the family.
For those seeking a smart investment that combines comfort, convenience, and excellent school networks, this property presents an opportunity not to be missed.
Updated on September 18, 2024